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楼主 |
发表于 2009-6-1 01:36 PM
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One of my friends mail today, he really is an old trader.
I don’t know what’s going to happen today, but I see how strongly the European Markets are reacting to the late surge on Wall-Street last Friday. I’m on the sidelines with shorts until we touch a pivot point somewhere between 930 and 960.
For the Swiss market, which I study much more carefully than the SPX, I know exactly at which point I am going to go short again: 5625, which is 5.5% higher from where the Swiss market closed last Friday (it closed before the late Wall-Street surge).
If I apply a 5.5% rise to the SPX and use 910 as a starting point (SPX before the breakout) I see 950 to 970 as a possible high for the next few weeks. This kind of medium term “Analysis” is stupid – but it gives me an indication of what might happen...
What I do know at the moment: the financials are going to go higher. It is the only position I have and I believe there are another 15 to 25% in the cards. |
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