16 April 2011
Its been a slow mkts dominated by range trading.
Except for USDSGD which is on a downtrend, most mkts are stuck on range trading.
lets wait out and monitor to:
1) buy usdjpy on dips
2) buy eurjpy and gbpjpy on dips
3) buy crude near USD100
---------------------------------------------------------------------
9 April 2011
Dear investors / fund managers
The last one week has seen some big trends:
1) EURJPY and all the other JPY crosses going straight up
2) oil, precious metals, agriculture instruments all gaining upside traction
If u hv missed, there is no point chasing except to say buy USDJPY on dips esp if it breaks 86.00
For the stock mkt, USA was slow and Asia strong.
For this week, I am buying into China H shares:
- Agricultural Bank of China
- increasing stakes in 2233 China West cement
and SIN stocks GLP and Mapletree Logistics
I am out of USA and Europe stocks and keep short some DAX.
Good luck and God bless, Temujin
Its been a slow mkts dominated by range trading.
Except for USDSGD which is on a downtrend, most mkts are stuck on range trading.
lets wait out and monitor to:
1) buy usdjpy on dips
2) buy eurjpy and gbpjpy on dips
3) buy crude near USD100
---------------------------------------------------------------------
9 April 2011
Dear investors / fund managers
The last one week has seen some big trends:
1) EURJPY and all the other JPY crosses going straight up
2) oil, precious metals, agriculture instruments all gaining upside traction
If u hv missed, there is no point chasing except to say buy USDJPY on dips esp if it breaks 86.00
For the stock mkt, USA was slow and Asia strong.
For this week, I am buying into China H shares:
- Agricultural Bank of China
- increasing stakes in 2233 China West cement
and SIN stocks GLP and Mapletree Logistics
I am out of USA and Europe stocks and keep short some DAX.
Good luck and God bless, Temujin