Just been running some scans and think this mrket may have a downside bias next week. That is how i see things at this juncture but wqill keep an open mind and also will post trades as i do them.
overall still bullish, and i think bears are delluded generally given the current monetary conditions, but will see.
good trading
MARKET THOUGHTS
Started by
Tor
, Jul 01 2007 02:53 PM
3 replies to this topic
#1
Tor
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- Traders-Talk User
- 7,647 posts
Member
Posted 01 July 2007 - 02:53 PM
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#2
relax
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- Traders-Talk User
- 2,224 posts
Member
Posted 01 July 2007 - 03:25 PM
good to a see change in you Tor
currently i think we are consolidating - no fuel yet to take out lows or highs
give the market two weeks and thinks should start to move downhill
bulls really have nothing to strive for - bears are just waiting for hyield to get back up to 5.25 (not that this will cause a crash, but will give bears an advantage) and Bank of Japan to raise rates and inflation to move back up (can't go much lower) and oil to test highs of last year
currently i think we are consolidating - no fuel yet to take out lows or highs
give the market two weeks and thinks should start to move downhill
bulls really have nothing to strive for - bears are just waiting for hyield to get back up to 5.25 (not that this will cause a crash, but will give bears an advantage) and Bank of Japan to raise rates and inflation to move back up (can't go much lower) and oil to test highs of last year
Just been running some scans and think this mrket may have a downside bias next week. That is how i see things at this juncture but wqill keep an open mind and also will post trades as i do them.
overall still bullish, and i think bears are delluded generally given the current monetary conditions, but will see.
good trading
#3
eminimee
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- TT Member
- 14,307 posts
I don't care who's fur is flying...
Posted 01 July 2007 - 03:34 PM
#4
Tor
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- Traders-Talk User
- 7,647 posts
Member
Posted 01 July 2007 - 04:14 PM
good to a see change in you Tor
currently i think we are consolidating - no fuel yet to take out lows or highs
give the market two weeks and thinks should start to move downhill
bulls really have nothing to strive for - bears are just waiting for hyield to get back up to 5.25 (not that this will cause a crash, but will give bears an advantage) and Bank of Japan to raise rates and inflation to move back up (can't go much lower) and oil to test highs of last year
Just been running some scans and think this mrket may have a downside bias next week. That is how i see things at this juncture but wqill keep an open mind and also will post trades as i do them.
overall still bullish, and i think bears are delluded generally given the current monetary conditions, but will see.
good trading
Yea cheers, I dont know really. Could be fireworks up or down in due course maybe or sideways
Edited by Tor, 01 July 2007 - 04:16 PM.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
