I honestly don’t know where the markets are heading next. I cannot predict where and when the top and bottom shall take place. But I learnt it hard way, what I should do "stay" or "quit" when price is traveling beyond my reference levels.

Tuesday, January 24, 2012

I can sense the tide!

Am sensing a big tide across equities, indices and commodities. What we have seen since the new year is going to be a mere small movement compared the movement ahead waiting at corners.

Here i am using a term tide coz i am not certain whether it is going to be ride or fall!. Silver has already run up 4000 points, copper has run up 20 points and crude has fallen 400 points. But, still am guessing lot more to do!

But, my guess with crude throws me to look at two destinations. Either 4700 or 5300 and now it is trading at 5000 :)

10 comments:

mo h said...

Good ... :)
will hold the sail hard, and be ready to change it to the winds.

have a great surf season, assortz,
you make another kind of waves, a healthier kind!

it would help lot of positive viewer orientation.

assortZ said...

yes moh, having a tight grip to manage the waves :)

mo h said...

Happy Republic Day!
assortZ ...
celebrating the nation.

assortZ said...

Hi Moh,

Thanks :)

mo h said...

This design looks clean and appealing, AZ ...
regards
moh

assortZ said...

yes moh..the earlier template looked amateur with striking default colours of that specific template.. always wanted to tweak the html but couldn't afford time..finally spent some time last week with the html and got this template.. while doing that, realised how much efforts you are putting in to give the current look to OJN. kudos!

mo h said...

Thats good efforts, az,
the site looks bright and clean!
:)

yeah, that started as housecleaning and maintenance repairs, when something started shaping into somethingelse ...
my headache is my lack of memory power to recall :)
and continue ..

it was walking all over someone's mess.

regards
moh

mo h said...

and,,, thanks to delta in a big way!

mo h said...

great, isn't it, the sensed tide made its wave writing this comment now on 6-2-2012 morning 6am :)
Nifty 5325
fantastic!

assortZ said...

yes moh..5390 is the high.. :)

but my celebration comes from crude oil.. i was expecting 5300 or 5700 when i was holding shorts at 5000.. it has made low of 4710 on two consecutive days..

Silver - yet to start the trending move which should be ruthless.. :)