with Oli | Strategies


Fade the Rallye :)

All fundamentals coming in are rather worse than one might have guessed … BUT …

we are up around 25% from the low and around 10% from after X-mas … on low volume …

So … who wants to buy here???

I started the year with the 2008 approach … sell the rallies … gravity beats stupidity ;)

A year is like a long day … First they try to fool you, then they show their real intentions … :)

We today ran into resistance on the daily and weekly charts …

Take care!

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