Hey folk
I think we will be having a slight pull back. Then a rally again.
Stay tune.
We are right now in a situation where alot of asset classes are in sync. Currency, equity, Energy, metal. They are all in sync movement.
So if you short equity, you should also be shorting currency. But having said that you are also expose to more risk.
Monday, November 7, 2011
Saturday, November 5, 2011
I am back!!
Hey folk
I am back. I was too busy trying to develop, back test and used some new technique for trading this few months. Well all said and i have done them.
My stand are still the same and clear. We are moving higher till about 1st Q of 2012. Then we may have a long term down trend.
Let us go through what has happen. EU wish to increase the funds of EFSF to 1 Trillion. They would need to look for countries to invest in their debt. They are looking at India, Brazil, Russia and China. The only country that have the financial power to get the debt is China. We are talking about 56Billion Euro. However, China have the experience of the US when they bought US debt. US started with the QE, which make the currency depreciate alot. So China may not help them at all.
Greece oh Greece. The whole meeting and aid are for Greece and some other countries that belong to the PIGS, but Greece said teh day before yesterday that they wanted a referendum to see if they want to be in the EU, then the next day the referendum is cancelled. This show there are split in political view within the govt of Greece and things may not be solved that easily.
These are all the blocks to prevent growth and stability of the world economy. They need to be solved, however i do not think that they can resolve them fast and easy.
I am back. I was too busy trying to develop, back test and used some new technique for trading this few months. Well all said and i have done them.
My stand are still the same and clear. We are moving higher till about 1st Q of 2012. Then we may have a long term down trend.
Let us go through what has happen. EU wish to increase the funds of EFSF to 1 Trillion. They would need to look for countries to invest in their debt. They are looking at India, Brazil, Russia and China. The only country that have the financial power to get the debt is China. We are talking about 56Billion Euro. However, China have the experience of the US when they bought US debt. US started with the QE, which make the currency depreciate alot. So China may not help them at all.
Greece oh Greece. The whole meeting and aid are for Greece and some other countries that belong to the PIGS, but Greece said teh day before yesterday that they wanted a referendum to see if they want to be in the EU, then the next day the referendum is cancelled. This show there are split in political view within the govt of Greece and things may not be solved that easily.
These are all the blocks to prevent growth and stability of the world economy. They need to be solved, however i do not think that they can resolve them fast and easy.
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