with Oli | Strategies

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Back to work … first impressions

Came back from summer vacation … and try to get back into the daily groove

Not much change so far … still, what you hear in the financial news is not what you get :)

First … August a strong month? … actually it trades lower than when I went on vacation.

Second … Still the typical start of the month pop … and not much follow through …

Third … as the UK today … still stupid people manipulating the market higher

So … I am not very confident, that the September expiration will be different to the last 2 expirations … which means PRESSURE to the downside

Please bear with me some days … then I will try to give you a clear technical view.

One thing is sure … no need to hurry into long positions ;)

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This entry was posted on Dienstag, September 2nd, 2008 at 21:52 and is filed under FDAX. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Responses to “Back to work … first impressions”

  1. piiicoppermine Says:
    September 3rd, 2008 at 09:44

    Welcome back,
    Is it a good timing to invest in HSI or SSEC again?
    Tell us more about what did you see/think in this trip.

    Regards,

  2. matttt Says:
    September 4th, 2008 at 08:52

    welcome back,
    we are ready for another leg down,
    the big question: 1200 is a strong support?
    we will see
    regards from genoa (italy)

  3. Oli Says:
    September 4th, 2008 at 16:05

    Thank you!

    No buying until the bottom is in … 1.200 is IMHO not very strong …

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