I recommend a visit to the ETF Corner for the technical oriented traders. I just found it while surfing the web.
They have a bearish technical analysis on oil and some good analysis on the EWZ and FXI.
Oil Trader`s Blog is a website for active online futures and stock traders. I will provide my real time trading decisions and my market thoughts on this webpage.
June 27, 2009
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"We still have a long way to go before we're out of the current recession," said Christoffer Moltke-Leth, head of sales trading for Saxo Capital Markets in Singapore. "Supply and demand fundamentals have to come back into play."
Moltke-Leth said the oil price will likely rise to $75 a barrel before drifting to near $60 by the end of the year as investors become disillusioned by a sluggish economic recovery.
Deflation increasing in Japan:
http://www.marketoracle.co.uk/Article11634.html
Thanks for the link...
"it is human to err; it is devilish to remain wilfully in error" If one is driving and has any problem with the car; the natural thing to do is to try and ix it. If one couldn,nt do this immediately, one would plan for th eventual repair or replcaement.
Same as market...headlines doesnt matter, what matters is what is going to happen
on Goldman and Sachs, and the Great Oil Bubble of 2008
http://www.infowars.com/goldman-sachs-engineering-every-major-market-manipulation-since-the-great-depression/
a must read for all traders.
Hey Pierre,
Great link
I will read it tomorrow in the office
Cheers
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