Mar 05 2011
Dear all,
Non farm payrolls are pretty solid and suggests a self sustaining USA recovery.
Stock indices:
- USA was up then dow, not a bull sign and suggest we may hv seen the top of the S&P and/or US index
- European indices mainly flat or down and suggests that we may see more downside risk as Trichet and BOE hints of rate hikes
FX :
- I like EUR against all the crosses. EURCHF, EURJPY and EURAUD but EURUSD I will take some profits neat 1/4080 level
- USDSGD is on downtrend and is a sell on rally as the SIN govt combats inflation and can tolerate a stronger SGD
- NZD may be seeing the start of a prolonged donwtrend
Stocks:
- China & HK stocks may decouple and edge higher. watch out West Cement 2233 HK now HK 2.96 and I see HK 3.50 +. watch also ICBC Bank and CCB.
Commodities
Wheat
- I am long and hv limit orders to sell at 838 and I see
Crude
- trade off USD 95 : cannot trade from short side
Good luck to all,
Temujin
-------------------------------------------------------------------------
if u would like to allocate some funds to be managed - as
1) private investor
2) one of your managers of your Hedge Fund
Pls send me details to skseows@yahoo.com and I will provide my tel details to you in SIN.
God bless, Temujin...;
----------------------------------------------------------------------Dear all,
Pls see below - if u have been following the reviews below, you should be a happy man for the past week 21-25 Feb 2011.
For this week, until the non farm payrolls coming Fri, I am trading range for reversion to mean strategy for both FX and indices. Unless of course something unexpected takes place in ME and Libya.....?
Good luck and God bless - Temujin >>""))
Dear all,
Hope u made some money from my insights last week.
FX - EURUSD is a buy on dips cos technically it has broken upside and has momentum. If u hv been watching EURCHF, EURAUD and EURGBP - it will add to your conviction.
Suggest from here on buy dips and sell rally for EURUSD and EURCHF - each time re-establish EURUSD and EURCHF at lower levels
Indices - I am selling UK and DAX on rally but in a scaled manner - slowly from UK 6090 and up and Dax 7420 and up.
Dear all,
Non farm payrolls are pretty solid and suggests a self sustaining USA recovery.
Stock indices:
- USA was up then dow, not a bull sign and suggest we may hv seen the top of the S&P and/or US index
- European indices mainly flat or down and suggests that we may see more downside risk as Trichet and BOE hints of rate hikes
FX :
- I like EUR against all the crosses. EURCHF, EURJPY and EURAUD but EURUSD I will take some profits neat 1/4080 level
- USDSGD is on downtrend and is a sell on rally as the SIN govt combats inflation and can tolerate a stronger SGD
- NZD may be seeing the start of a prolonged donwtrend
Stocks:
- China & HK stocks may decouple and edge higher. watch out West Cement 2233 HK now HK 2.96 and I see HK 3.50 +. watch also ICBC Bank and CCB.
Commodities
Wheat
- I am long and hv limit orders to sell at 838 and I see
Crude
- trade off USD 95 : cannot trade from short side
Good luck to all,
Temujin
-------------------------------------------------------------------------
if u would like to allocate some funds to be managed - as
1) private investor
2) one of your managers of your Hedge Fund
Pls send me details to skseows@yahoo.com and I will provide my tel details to you in SIN.
God bless, Temujin...;
----------------------------------------------------------------------Dear all,
Pls see below - if u have been following the reviews below, you should be a happy man for the past week 21-25 Feb 2011.
For this week, until the non farm payrolls coming Fri, I am trading range for reversion to mean strategy for both FX and indices. Unless of course something unexpected takes place in ME and Libya.....?
Good luck and God bless - Temujin >>""))
Dear all,
Hope u made some money from my insights last week.
FX - EURUSD is a buy on dips cos technically it has broken upside and has momentum. If u hv been watching EURCHF, EURAUD and EURGBP - it will add to your conviction.
Suggest from here on buy dips and sell rally for EURUSD and EURCHF - each time re-establish EURUSD and EURCHF at lower levels
Indices - I am selling UK and DAX on rally but in a scaled manner - slowly from UK 6090 and up and Dax 7420 and up.