Hi readers
As you have witnessed over the last couple of trading sessions what goes up will come down.
The levels previously stated the (23/12) levels over those points markets are a sell under those are a potential buy.
Astrology has a nice way of seeing thing in the future I guess.
So let's look at what's going on!
Gold is slowly sliding but as long as the European issue lingers it might hold above $1000.
Oil is just holding up with the covering of shorts , but that's about to seriously subside, so new round is on the way and starting from $50 I guess .
The US$ well that's king as we had recommended years ago.
To the Australian readers the A$ is just holding on by the skin of its teeth.
With the cut in interest rates and no response from the economy Australia could be heading into serious deflation like Europe.
Government needs to be very careful on policy now.
In stocks we have seen a run on all tech companies whether they make money or not.
To be honest had me sweating it out a little.
NFLX ran to $480 and now back to $435
TWTR ran to $50 and now at $47
FB to $80 and back to $77
So it's really had a hyper run without substance the market, so let's see how the market reality hits a little to the hype.
I wonder what will happen if the lending rates increase a little.
As you have witnessed over the last couple of trading sessions what goes up will come down.
The levels previously stated the (23/12) levels over those points markets are a sell under those are a potential buy.
Astrology has a nice way of seeing thing in the future I guess.
So let's look at what's going on!
Gold is slowly sliding but as long as the European issue lingers it might hold above $1000.
Oil is just holding up with the covering of shorts , but that's about to seriously subside, so new round is on the way and starting from $50 I guess .
The US$ well that's king as we had recommended years ago.
To the Australian readers the A$ is just holding on by the skin of its teeth.
With the cut in interest rates and no response from the economy Australia could be heading into serious deflation like Europe.
Government needs to be very careful on policy now.
In stocks we have seen a run on all tech companies whether they make money or not.
To be honest had me sweating it out a little.
NFLX ran to $480 and now back to $435
TWTR ran to $50 and now at $47
FB to $80 and back to $77
So it's really had a hyper run without substance the market, so let's see how the market reality hits a little to the hype.
I wonder what will happen if the lending rates increase a little.
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