Attack this market on the LONG side .. while onlookers stare in shock and awe & stay on the sidelines ... KEEP BUYING. No reason for this market to give back gains .. imo BOJ will expand QE programme into larger purchases of index linked ETFS & other equity related instruments. I favour buying leading names in the N225 .. BANKS/ELECTRONICS/AUTOS/INDUSTRIAL...
ok folks ... im gettting down to business on a saturday .. to paraphrase the old codger in red braces in that terrible remake .. but 'MONEY NEVER SLEEPS' ;) trend is accelerating .. continue to attack this stock on the long side & pyramid on previous position (if you took my tip last time!)
nomura is surging higher .. reasons: 1) japanese stocks back in favour - brokerage business activity increasing 2) nomura holds large japanese corporate equity on balance sheet - nikkei & japanese stock prices breaking to new highs 3) abenomics and BOJ QE means JGB on Nomura balance sheet will be bid up to new highs by the central bank
attack gold on the short side .. bugs going to get squashed ..
start entering shorts ... as move progresses add to position ...
2 likely points at which to get long .. as with most long optimal trading points you will get a point of fear right before greed kicks into the market and we burst higher ...
SUPPORT RESISTANCE LEVELS INDICATE WE HAVE HIT A SPEED BUMP BUT THE TREND IS STRONG .. YOU HAVE TO BE LONG HERE AS A TREND FOLLOWER. AS LONG AS DRIVERS REMAIN THIS WILL KEEP GOING. AS BUZZ LIGHTYEAR SAID .. TO INFINITY & BEYOND!
OPTIMAL POINT TO TRADE IBM ON THE LONGSIDE IS RIGHT HERE THERE IS AT LEAST 10% HERE IN THE SHORT TERM
weve bumped into the big 50% fib level at 100 .. are we going to break it and attack the 61.8% level ... i think we are!
barbaric relic is no good to anyone ... and the bugs on the margin are getting that now!