maxima
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Posted:
Thu Nov 10, 2005 1:02 am Post subject:
My last post in '05 on' invest' newsgroup. |
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In a blink '05 almost gone.
This would be my last post for this year.
There would be risk of making lower on all major Currencies against US$
before Xmas. That's up to the rest of you take the challenge. I am done
on $currencies for '05.
My EUR to Rick 1.1750 zone already done, not my best shot in EUR in '05
but rather as per target basis.
US: Still bearish on T-Bond with same target at 10915 to 10715 area and
expect it hit before 1st week of '06.
CL: I would watch closely on oil, expect it to go below 55.00 before end
of month, and 50.50 to 49.00 before Xmas.
Gold: I have heard over and over again, especially form brokers, GOLD
will at least 550 by year end. I am confident that won't happen, it
didn't even made it to my maximum allow cycle top at 520. Unless
catastrophic event taken place that rattle world economy, such the Flu
we are watching now.
Copper: It's pay off for 1 month long side way short spread options such
as bearish short straddle. Underly itself may still remain trading
within range due to demands and supply still a problem. Especially the
south already begin it's re-constructions, and seasonal holidays needs
on wiring etcetera.
Watch for Sugar peak, Coffee run-off taking 120.
Watch for Bean, may challenge Jan'05 low with Nov'04 support, Corn may
taking on 180 of 5 yr low or CH6 189, as well as wheat ( WH6 ), may test
295 before New Year.
All comments are for between speculator and speculator opinion exchange
basis. The anonymous poster will not, under any circumstances,
responsible on reader's financial disasters or any sort of damages.
Happy coming seasonal holidays.
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