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MARKET THOUGHTS


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#1 Mr Dev

Mr Dev

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Posted 15 April 2014 - 05:36 PM

heres another one ..i think will move lower...because of the technicals...not to mention a possible dbl top.

someone asked me about coffee for a friend ....last friday.


Sent: Friday, April 11, 2014 12:59 PM
Subject: Re:
YOUR FRIEND WOULD BE WISE TO EXIT ANY COFFEE RELATED POSITION FOR AT LEAST TWO MONTHS..

AFTER A GREAT RUN UP ...ITS GOING TO START TO TANK BASED ON MAINLY THE SAME TECHNICALLY ANALYSIS THAT

FORECASTED THE US MARKETS TO START TO TANK. . . THOSE PATTERNS ARE EXACTLY THE SAME.

I WOULD TAKE THE OTHER SIDE OF COFFEE BY SHORTING .. IN A BIG WAY AT THIS TIME. !



Apr 14 at 10:44 AM
time will tell but the Friday email (chart below) may have marked the exact ..short term top for coffee with it down so swiftly today.


Posted Image

today
Posted Image

Edited by Mr Dev, 15 April 2014 - 05:40 PM.


.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
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