From my reading Three day ago I anticipate a selling off since Tuesday and all asset class will be underpresure for the next few trading session...
I made a right to decision selling alot of my position since Tuesday and Wednesday as I anticipating sell off in the market Anyway today load up time...
This sell off just give an opportunity to enter long position in all asset class like silver @ lower position .... @ very bargain price ... @ 15.88, .oil not so sure so add only ... medium postion 65.50 and @ small position 66.3 and 69.02.. total 10% I invest more or gold and silver like 45% ...
Gold @ 983 ...
Long S@P @ small line cause to bull from here will have to be caution ... S&P Position @ 1051 , 1048 and 1045 and 1042 (bigger line here) 10%
Might be time to load mining stock .... I already pick some @ current low price
Recommending GG gain @ 38.49 which is the price brought this time ..
Anyway I quited load up today busy buying things at low price in my point of view.....
There is great shift in carried trade currency Yen and I think US dollar, pound sterling and swiss franc too ...will be replacing Yen as major carry trade currency soon ... the market will take time to adjust to this trade trend..
wheat and corn will be my long term investment ...
I have being reading news on the cattle slaugthering due to low price this will be a good be play soon ...
Buy when everyone is selling and sell when everyone is buying .....
Short treasury @ 102.52
Hope everything will go according to my reading if not .... I will have to eat wheat and corn @_@
Time will telling if the S&Pis bear trap or bear Market .... if this is bear trap it will a good one ...
Any I still fate that there is room to move to new height just be patient ..
Risk will be rewarding .....
Good trade everyone ... will stop position in other blog ......
Friday, September 25, 2009
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