Backtrading: This is for not keeping my "Hands Off", the outcome of beeing opportunistic, and the thought that you are better than the market. Rally failed!
"USD strength continues, despite of the low interest rates. This makes the price elasticity for goods and commodities stretched, and short term demand will go down. It creates further inflacion in a market place showing signs of receccion.... This will over the longer term create deflationary spirals. The Domino Effect..... "
Seeking Alpha: Consumer Inflation Falls More than Expected
The invisible hand suddenly gets very visible!
Capitalism is a system depended on growth to function, and is a sytem where the strongest survive (Darwin ). Now when the goverments all over the world bail out the "weak" in the system, it threatens the evolution of capitalism and creates disturbance in the force. The stimulus plans made by different countries around the world these days will only make the reseccion time longer and deeper. We have to let "nature" run its course, and the weak go down with it!
Update 1905:DJI: The Falling Wedge. Intermediate Upside Potential (+12,74%). BDD=8575. DDHigh=8860. Short term Upside Potential (+3,7%):
Update 1520: Nymex: Resistance breakout confirmed. Trading at USD 55. Short term target: 56,41. BDD=57,5:
Update 1215:Nymex: The Falling Wedge. Short term Upside Potential (+4,28%). BDD=57,5.
The Falling Wedge: The falling wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no bias, falling wedges definitely slope down and have a bullish bias. However, this bullish bias cannot be realized until a resistance breakout:
Exxon Mobile vs DJI: The energy sector has outperformed in rescent trading sessions, where energy yesterday was up over +2%, outperforming the rest of the components on DJI. This is also the sector where I find extreme good risk reward, giving my Dynamic Deviations. Buy Oil!:
Update 1000:Nymex: Trading belove BDD=57,5 at 53,61. DDLow=59,87. Risk Reward= (+7%/+11,5%). Extreme good RR!! Trading in bottom of range: BUY OIL!
Trading Strategy: Holding on to my LONGS. If DJI breaks DDLow 8295 on the downside within todays session, all positions will be sold. Next resistent level BDD=8575. DDHigh=8860. Short term Upside Potential (+5,5%)Street Insider: Buffett's Berkshire Boosts Stake in ConocoPhillips
FT.COM: Oil groups expect $40 barrel
Bloomberg: Crude Oil Is Steady Amid Forecasts of Increased U.S. Supplies
Forbes.com: Christmas Cut Likely From OPEC
Hegnar Online: Oljen senker Oslo Børs
Active Trades: LONG TMT Tech Basket U.S (-20,41%) LONG Xcact BULL (-20,20%) LONG NHY (-9,38%) LONG STL (-4,79%)
Active Trades P/L: (-56,09%)
Executed Trades P/L: (+254,94%) (click)
Total P/L: (+198,85%)
Terminology: My Dynamic Theory
2 kommentarer:
Har du noen kommentar til OSE i dag ? Er vi nede for og markere en 2x bunn ?
Hei. Den bullformasonen jeg siktet til på Søndag feilet (The Bullish Upside Tasuki Gap), så nå har jeg bare mine dynamiske avvik å forholde meg til. DDLow=233,10 BDD=237,5 DDHigh=245,20. Så lenge DJI holder seg over 8295, er jeg meget positiv. Tror på minimum 10% oppgang på OSEBX innen kort tid. Stopper ut posisjonene, hvis DJI brekker under DDLow=8295.
Legg inn en kommentar