Parts of asia now out of recession. US and Japan pulling out pretty soon!
Logistics business is running at almost normal levels now!
Stock market recovery could be likely soon
Went long on US and Japan
Started by
porsche911sg
, Jul 28 2009 12:26 PM
6 replies to this topic
#1
porsche911sg
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Posted 28 July 2009 - 12:26 PM
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!
#2
da_cheif
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Posted 28 July 2009 - 12:37 PM
Parts of asia now out of recession. US and Japan pulling out pretty soon!
Logistics business is running at almost normal levels now!
Stock market recovery could be likely soon
soon??
#3
porsche911sg
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Posted 28 July 2009 - 12:57 PM
I mean right now! I am long Dow at 8970, Citi bank at 2.70(likely to see $8 bucks or more will hang on this trade!), Long Nikkei futures on SGX at 10000. Actually been long from 6800 points I missed the bottom add more position as it fell.Parts of asia now out of recession. US and Japan pulling out pretty soon!
Logistics business is running at almost normal levels now!
Stock market recovery could be likely soon
soon??
I see Dow hit 10,500 to 11,000 by year end, SPX 1200.
With USD, interest at this rates I see foreign funds from Asia going to buy properties in US boosting the prices up.
I am only holding shorts on a very short term i.e over night as for that last rally but have closed out on profit taking. turn long a couple of times on dipps these few days.
Am very very bullish. Since march still staying bullish look at the business in ALL over Asia is turning up so fast!
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!
#4
isaac613
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Posted 28 July 2009 - 01:22 PM
I mean right now! I am long Dow at 8970, Citi bank at 2.70(likely to see $8 bucks or more will hang on this trade!), Long Nikkei futures on SGX at 10000. Actually been long from 6800 points I missed the bottom add more position as it fell.Parts of asia now out of recession. US and Japan pulling out pretty soon!
Logistics business is running at almost normal levels now!
Stock market recovery could be likely soon
soon??
I see Dow hit 10,500 to 11,000 by year end, SPX 1200.
With USD, interest at this rates I see foreign funds from Asia going to buy properties in US boosting the prices up.
I am only holding shorts on a very short term i.e over night as for that last rally but have closed out on profit taking. turn long a couple of times on dipps these few days.
Am very very bullish. Since march still staying bullish look at the business in ALL over Asia is turning up so fast!
I think your post will have great timing. Good day.
#5
pdx5
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I want return OF my money more than return ON my money
Posted 28 July 2009 - 02:38 PM
Parts of asia now out of recession. US and Japan pulling out pretty soon!
Logistics business is running at almost normal levels now!
Stock market recovery could be likely soon
soon??
Soon? Market (SPX) has ALREADY recovered from 666 to high 900's! That is more gain than market
average gains over 6 years going back 50 years!
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#6
porsche911sg
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Posted 28 July 2009 - 07:26 PM
Have you considered that the fall from 900s to 666 was more than the average fall in years! I can't see the fall as valid it was just fear that drove it. It was a super opportunity in your life to buy and load up as much as possible. I still the the opportunity now. There is a good chance we have a double dip recession. I am not saying we go straight through but i see another recession in 2011. hence a peak could be reach in June 2010.
We are in a bullish bear market. That could last a year. From there we get a fall and most likely a real bull run.
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!
#7
porsche911sg
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Posted 28 July 2009 - 09:18 PM
Got out of both Nikkei and Dow at 10155 and dow 9050...Waiting for pull back to get in again.Have you considered that the fall from 900s to 666 was more than the average fall in years! I can't see the fall as valid it was just fear that drove it. It was a super opportunity in your life to buy and load up as much as possible. I still the the opportunity now. There is a good chance we have a double dip recession. I am not saying we go straight through but i see another recession in 2011. hence a peak could be reach in June 2010.
We are in a bullish bear market. That could last a year. From there we get a fall and most likely a real bull run.
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!
