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mandag 19. januar 2009

Monday Update. Testing downside.

OSEBX- Has broken belove DDHigh 229,5. Next support level is BDD 219,5 See: Friday Update. Selling Opportunity!

5 kommentarer:

KL sa...

I'm longing for updates.. :)

I was a big fan and reader of your blog and surely miss the updates.

TMT MAN sa...

Hey! Nothing has realy happened in my opinion. Osebx ddhigh 229,5 bdd 219. Awaiting bdd to be broken on the downside. I think we will see further deteriation in nymex, due to the same phenomenon discussed earlier. There is to much oil out there. Target nymex usd 25. Dow has broken belove bdd 8575, and next support level is 7500. Bearish! Have the same tradingportefolio. Tmt man

KL sa...

What about now? Still selling opportunity?

TMT MAN sa...

Due to the fact that there are such narrow ranges in the market these days, i have to be realy close to the market, giving me no time to giv you my fully attention to the blogservice. When that said, i will come back as soon as the market hit its old lows, happening sooner than later, i think. It has been a very long time since i thought that the chart situation was such bearish as now. S&P 500 belove 820, is potentially catastrofic, with a further downside potential of (-15/-20%). Many mutual funds and investors has made their betts, having their mindsett on forthcoming growth in the market. I think a deflationary spiral, with a massiv correction in the USD, will give very little transparency, regarding forthcoming cashflow. Looking forward i think there will be nice stockpicks, but we have to look outside the box, because there are so many participants. Small cap growth stocks (also with high oporational gearing), within the tmt sector, would be my favourite (lcapa,vmed,rsys,syna,vrnm,prvt... ) Restructure of medicare in us also give some nice stock picks: hmsy and hnt. I'll be happy to answer other questions.... Tmt man

Unknown sa...

Heisann

Har du fått deg ny blogg?
Ser vi er ved vendings punkt nå snart på OSE. Enten bryt vi ut av trenden ned og går opp sammen med inflasjonen. Eller så ryker vi enda lengre ned og utløser hs som vil ta oss ned til 130-140. Hva bildet har du laget deg ?

Mvh

Ronny