EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
Friday's $2431 high in gold consisted of a 21% rise from the Feb 14th low. Such percentage extensions from key lows or/and technical levels such as the 200-DMA, could flag crucial opportunities for partial/full profit-taking. Watch here.
Bitcoin versus Miners Performance
As many of you know 2023 was kind to members of our WhatsApp Broadcast Group who snapped up shares in bitcoin miners, while 2024 has so far been more superior to Bitcoin than most of the miners...
View Hot-Chart..
Anyway it looks like this is a very good long opportunity long term looking at the chart astrology. ;)
http://img807.imageshack.us/img807/6929/eurchf300611.png
No marks for guessing which they will save !
Every time Greece comes back for more bailout IT IS DIFFERENT THIS TIME AROUND, because they are that much closer to crunch day. There will be little if any prior warning.
Personally I am long this pair since recent lows (bellow 1.2000). In my view, schizophrenic markets are going to "it's all right, it's o.k." mode soon, and we going to hear some creazy reason why it's good to buy risk again, and how it is all "just a bump" to a rocky road of recovery.
My question is; What is really new about Greek problem? If you would bring the astronaut that spend year in a space station, you could fool him that he was just a few days by showing him the financial news from last summer.
Markel is worried, and so is Trichet, Papandreou is saying "we'll solve it", they working on a package, greeks are not happy, they are protesting............bla bla bla.
in short;
buy fear, sell greed. vix will go down next week.
what would get me really worried; protests in Germany !!!
b.
p.s.
I love the comments about oil; oil is down because........ oil is going up because.......
:-)
can you tell or advise about norwegian fish farming stocks?
I assume the fish aroud Japan islands wil sooner or later be severely contaminated
and some parts of the gulf of mexico the cradle of many fish spcies is biologically dead.
I have a couple of stocks Marine harvest ( very high dividend) Cermaq and others.
I think seafood will become more rare than oil.