Scenario - next week

Sat 08 Jan 2011 -3 pm SIN

Dear all,

Hope u are making some money from my contribution.

I am short EURUSD @ 1.2983 spot Fri.

- likely next week with Portugal seeking debt refinancing, mkt will sell rallies
- tech, EURUSD is below the major mov averages and below low of last 2 mths

eur is currentl weak agt usd, aud, cad etc.

I have been v busy so likely update oer each w/e.

God bless,
Temujin

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Good evening,

If u hv followed the recommendations last one week, you should be doing fine.

For tonight, I am buying some Cisco, Sprint and Petrofac shares ( London).

My HK shares are doing well.

My profile is in my blog below:

My Global Portfolio - 25 Years Of Experience


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Latest update SIN time 1133 pm, Monday 03 Jan 2011.

Going to sleep now..

Crude, USD wekaness and US stock mkt strength all on track, watch next trends:

1) USDCAD down
2) CADCHF, CADJPY up
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Latest update

Here's what I think will pan out:

1) FX - USD weakness, one exhaustive push, gets everyone excited and USD turns around.


Dear all,

Hope u are making some money from my contribution.

I am short EURUSD @ 1.2983 spot Fri.

- likely next week with Portugal seeking debt refinancing, mkt will sell rallies
- tech, EURUSD is below the major mov averages and below low of last 2 mths

eur is currentl weak agt usd, aud, cad etc.

I have been v busy so likely update oer each w/e.

God bless,
Temujin


Best risk reward

- accumulate long USDJPY below 81.00

2) Stock mkts - US mkt strong but most of good news priced in.

- expect some correction into mid / end Jan 2011

- best to reduce longs and sell some indices for hedge &/or some downside gain


3) Commodities

Crude - impressive rebounce from 89.00+ level Fri. Price action - promising.
Gold and silver still steady - technically, the latter looks more resilent.


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Last edited by Temujin; Today at 02:01 AM.


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