Tag: goldman sachs
Now that the Dow has plunged by 2,000 pips in a matter of eight trading days and has met a major trendline (as has the Nasdaq), it has entered a very tricky phase (for short term traders, that is). There is little doubt that the
I ask that question rhetorically because I have asked it several times this year – and the answer was always ‘no’. A few weeks ago, I noted a rush of MSM articles that proclaimed the end was nigh – and I took that as a
The EUR/GBP cross is close to the heart of many UK residents who worry constantly about the tourist exchange rate, especially when a holiday on the Continent looms. Should I exchange now or wait for a possibly better rate? And where can I get the
ANNOUNCEMENT My book Tramline Trading is edging ever closer to publication day (next month). It contains my very practical ideas, methods and many tips on trading. It arrives in paper and ebook formats – and we are planning an additional exciting venture: an email alert service
My post yesterday pointed to the classic five waves down in the Dow (and S&P) on the 15-min that I was looking for. And yesterday’s action confirmed this picture with continued losses. In EWT, a mini five down off a major rally top is
Yes, indeed. gold continues its relentless climb towards my major $1400 target. We managed to get on board close to the $1200 level and in recent days, the move has turned exponential. Gratifyingly, there have been no panicky short squeeze leaps with large
ANNOUNCEMENT I will be speaking at the London Money Show on Friday and will not have a post Thursday and Friday. Normal service will be resumed on Saturday with my Weekly Wrap. Yes, the ghost of the 1990s Dotcom boom (and bust) still stalks
So, it’s fill yer boots time again! Grab that risk with both hands – you can’t lose. The debt ceiling crisis is over and it’s perfectly OK to get back in the water. You know the Dow is heading for 20,000, then 25,000. I
