Tuesday, October 7, 2008

read up when there is nothing left to do

Throw in an intraday trade?
Buying for long term?
Bottom or no bottom?
The fact is we are deeply oversold for another technical rebound from last nites show!

Europe is gonna bail out?
Aussie start to loosen abit, carry trade over? Other banks and countries to follow? as i said this move is coordinated, inflate everyone out, export the inflation to third world and producing countries, and emerging economies, burden everyone else with the financial plough they raked themselves. Yen is under attack at this moment, dollar and europe will be back in demand? no body knows but i would hell love to reenter yen later :) when rates are too low we look at countries like Brazil SGD, CHY, Euros, NZD, when inflation starts to take effect look at the AUD CNDwhen commodities make a move .

Taking into account utilitise and energy stocks, telcos, and tech companies, looking at liquor, ciggies, and food consumer products companies at this moment, China food producers are underpressured despite some being cleared off the Melamine claims.


No comments: