with Oli | Strategies


Posts Tagged ‘BOUNCE’

Another month survived :)

Donnerstag, Juli 31st, 2008

Pull all strings FED made it possible … the market survived another month
even bouncing
And still in bouncing mode … despite bad GNP figures out of the US today …
It is still an uphill battle, but we should see new highs … S&P above 1291 … DAX above 6616
After running out […]

FED keeps floodgates open …

Mittwoch, Juli 30th, 2008

As the bounce keeps going …
FED prolongs its “flooding” of the market with liquidity until Jan. 31st, 2009
So, we have Govt. guaranteed banks for 6 more months … at least.
After Merill Lynch threw in the towel by selling their “toxic waste” … who is next … and what will be the next focus for the […]

NO SHORT LIST to be extended???

Dienstag, Juli 29th, 2008

Yesterday, I was looking for the 2nd leg of the bounce … seemingly … HERE WE GO
You need a reason? (I am a technical trader, so I don’t)
BUT
Rumour going around, that the NO SHORT LIST will have around 200(!!!) more stocks on it …
Incredible … hopefully, we don’t have soon the […]

Where and when will the 2nd leg up start?

Montag, Juli 28th, 2008

We had the markets close to capitulation as S&P traded below 1200 and DAX below 6000 …
then a brutal bounce … now the correction of the bounce …
usually we should “enjoy” now soon the 2nd bounce to the upside …
As S&P already retraced more than 60% of its bounce, the Dax stands close to the […]

What a bounce :)

Mittwoch, Juli 23rd, 2008

Some new rules … in the US … makes the Dax look close to 10% higher … WOW
So we have the solution … The government just has to forbid selling equities …
What about mandatory ownership??? Guaranteed prices anybody???
So … as market starts to look vulnerable again … back to work …
I will […]

B.B..B…BOUNCE :)

Mittwoch, Juli 16th, 2008

Here we go …
SEC’s “short rule”, Wells Fargo’s dividend hike, chart supports, small VIX spike, down manipulated oil, margin calls, Friday’s expiration and the soon to be released earnings reports …
Take whatever you want … believe the talking heads or have your own plan
Nothing changed … it is still Benanke & friends […]

Back and kind of amused … BOUNCE ALERT!!!

Dienstag, Juli 15th, 2008

Market volatility is getting nastier by the day … if you trade them … nice or nasty P&L Swings guaranteed …
Anyway … situation fundamentally unchanged … the financial system is fragile … BE AWARE!
Today we reached … and so far HELD some KEY LEVELS in the markets … so BOUNCE ALERT!!!
Dax held downchannel at 6025 […]