Targets for 2009

Objectives: Read Profits in Commodities by WD Gann – now this I am assured does not contain any other-worldly theories, or angles – but just good advice by the look of the preview. Scale into Oil Services stocks (RIG, ETF – IEZ) and agricultural ETF (MOO). Read Exxon Oil Outlook 2030 Scale into agricultural commodities, [...]

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2008 year in review

Commodities Big Picture Shaping up for a sideways trading range / rally from these levels.  Either way, looking at the very long term chart the downside appears very limited.  RSI/MACD divergence against price. That is some fall off, 200 is the Maginot line in the sand, closed at 215.28 on the 26th December. Likely sideways [...]

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Shooting star?

I have been looking closely at the Apple chart on the daily and weekly basis. It is certainly a risky place to enter a short sale – is there any other? – with the trend still showing as up. However, the main market averages are looking still very weak – though will be due a [...]

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Newshound meets a bear…

This was posted in early 2007.  Still time to buy Silver. Why spread trading is good at the moment? 1/ Inflation is increasing which means nominal values are increasing for “real” goods like commodities – you can trade these on all the spreadbetting platforms. 2/ This means you can make money as the nominal value [...]

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Roerich

If you are wondering what the image at the top is – it is a Roerich – a great artist who was inspired by metaphysical ideas and the esoteric religions of the world. His art is way out, but uplifting to look at. Here is my fav, (thats a bear in the corner!).

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