Saturday, 4 April 2015

Weekend charts


  1. Hello Bouraq...this is anonymous.Couldn t access your site for a while because of some Google Word App problem.Anyways this market has plenty of reasons to drop (horrible technicals, divergences on MACD) or rise (continued low to negative interest rates and equity buying via QE).Margin debt still near new highs but I m very leery of these down Januarys.When there are two down Januarys in a row, the second Jan usually predicts a negative year of over 10% down.It s happened 6 times before.Of course QE wasnt around then so its probably another system neutered amd neutralized by Central Bankers.Basically thought Id say hello and keep up the good work.

  2. Hi,

    I'm not getting too excited on a large decline anymore. It made me lose a lot of opportunities on the long side. I'm playing it as it comes now. Feel much better that way.

    Keep in touch anonymous