with Oli | Strategies


Archive for November 12th, 2007

Martes,13 ???

Montag, November 12th, 2007

Martes, 13 … Tuesday, the 13th??? … in spanish speaking countries this has the same meaning as Friday, 13th for us … Markets once more under pressure especially in the last hour … it seems like a FORCED closing of positions … YEN squeeze related? Carrytrades unwound? Tomorrow Dax seems to lose its uptrend … [...]

Profit taking???

Montag, November 12th, 2007

Are they taking profits??? Squaring positions??? Financials squeeze … Techs lagg … Dollar, Oil, Gold all down … Dax laggs Eurostoxx … Asian markets suffer most … I will watch that Another up leg in the making? Happy X/mas??? Let’s wait and see …

Day 1 … yawn

Montag, November 12th, 2007

How boring … as always if the U.S. markets are not in full swing … First 2 hours formed a bullish engulfing … but no real follow through … Dax moved sideways … just made 1 trade today … playing the flag (long) … cut only 13.5 points out of the market … not much [...]

Day 1

Montag, November 12th, 2007

Situation: U.S. Markets: down heavily, especially in the last 30 mins. as reversal attempt faded … Financials tried a reversal but not very successful on renewed subprime fears, Tech hammered as interest rate cut fantasy goes out of the market Asian Markets: Japan down on firm Yen … rest of Asia … “profit taking” (-4%) [...]