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Tuesday and ooh indicates another pop up for euroland
and later we get to see what US traders think or do.I have not got a wave count for US stocks but to me they
look in danger of a drop later today.
I use Dow 17600 as my line between bull and bear.Never give up, never surrender.
Ftse keeps jumping up, like a pet dog. Get down you crazy mutt.
There are plenty of minor pts in the 6600’s for it to aim at
but I don’t want it to get too comfy above 6600.Never give up, never surrender.
If the Ftse breaks up past 6660 then it could fly to 6750 with
only a descending upper channel circa 6680 as resistance and
then my 2015 prediction is toast. We have not gone low enough
this month and are now pushing too high.Last chance would be we hold 6660 and then drop like a lead
balloon into a new low of this month.Atm I will position for an EcB sell the news but do not want
to open larger trades until we get the news.Never give up, never surrender.
staying long spoos for now and short gold 1284. will stop much over 1300 though.
might hedge the gap-up today looking for a fill and maybe one more dip before the ecb .
can see much higher prices ahead for as long as spx 1988 holds.
All getting very interesting.
Euroland moving up although the Dax is having a slight rest.
Dow at the doors to 17600
USD:CAD at 1.2 again.Never give up, never surrender.
Looks more like a gold break out to me.. But no positions
hoping so… Got a nice fat option on higher prices….
It may work ok, holding long into the EcB news and then maybe
after a pop going short but is seems a very popular plan so
maybe the market will make it not work. No advice etc.I will only trade the reaction to EcB and that way I do not
get run over if we have a sustained rally, even though it
may cause me to miss some of the downside if we get
a move or moves which are too fast to trade.After the Swiss Franc circus don’t be surprised if it’s hard
to execute decent trade entries at the EcB window.Never give up, never surrender.
http://www.zerohedge.com/news/2015-01-20/biggest-problem-european-stocks-one-chart
In fact, aggregate earnings and dividends as measured by MSCI are down by 7% and 5% respectively, whilst the equity index is up 50%.”
We’ll repeat that again: in the past 2 and a half years, Eurozone earnings are down 7%! So where did this upside come from?
The kpad has been great so far in 2015 with lots of posters
and comments etc.Mind you I think a lot of it is wrong but if I really do feel
that way, then I should stop writing it 😉 😉Never give up, never surrender.
The kpad has been great so far in 2015 with lots of posters and comments etc. Mind you I think a lot of it is wrong but if I really do feel that way, then I should stop writing it
Yes you bad bad boy  🙂
I have not got a wave count for US stocks but to me they
look in danger of a drop later today.
I use Dow 17600 as my line between bull and bear.A 100pt initial rejection of Dow 17600, keep it simple
and bank the money 😉Never give up, never surrender.
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