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26/2008
22.12.2008
Editor's
Notes
MY TRADES
Trading
Tips:
Relative strength
Sector
and ETF
Watch list
Stock
watch list
Contact me
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blog
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Holidays in front of us
Hi,
we approached holiday season. Most of fund managers are already on holiday.
So I expect that volume will be light till the start of January, 5.1.2009 respectively. |
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Markets are in process of consolidation . But as I mentioned
before, buyers are not coming into market. The only rally is in
US-Treasury bills and bonds.
And till this rally in bonds will not be finished and money will start
to move elsewhere , buyers will be missing on all type of markets.
Therefore I am still trading stocks very selectively. I am using my
principle of relative strength and weakness. I buy only stocks which
are showing good strength also in this environment. Stocks like
like MCD
Next issue of newsletter will be published in January 2009.
So I would like to wish you nice holidays and a lot of success in year 2009.
Richard
Relative strength
Relative strength principle is core idea for my stock chart analysis.
.... top of newsletter
Sector and ETF Watch List
Long
ETF watch list: TTH, FXI, PPH, EWW,XLU
Short
ETF watch list: SWH,BDH, GUR,EWO,
Inverse ETF (long position): DUG
FXI showing nice relative strength and can offer good long entry in next few weeks.
Stocks Watch List
Long watch list: SNDA, HANS, GPC, HNP, MCD, AMGN, PCG, CHL,CHA,DV
Short watch list: CREE,RIMM, WOOF
My detailed trade setups are available everyday here.
Questions ?
I will be pleased to reply to any of your questions. Do you have
something to discuss ? Or would you like to read something in next
issue of newsletter or on my web pages or in my blog ? Let me know .
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