Lots of talk of double dips, continued bulls runs, flat trading, etc. Lets start with a hypothesis - the TOPI will close 10% higher this year. Now for that to happen, what are the key events this year that will drive the gain?
well 10% is modestly ahead of expected inflation for 2010 .. I think the results releases in March (for year ending Dec 2009) will be a real test. Stock prices are assuming things and now the numbers need to add up ..
I had a dream about Waren buffoon in march last year (first ever) and I woke up and said its time to go long. I did not listern but so be it... Last night I dreamt about him again.. and when we stood up to greet. I realized he was really really short..then he fell over and colapsed... So Now I recon its a clear signal to go short..
And as if in answer to my question, Cees Bruggemans posts an article on Moneyweb. I have a huge amount of respect for him, and I think he is rarely wrong. However, he is strangely non-committal on his views to 2010 - dare I say that this is going to be a flat year?
Warren is so useless timing the market. 45 points added on the DOW last night.still can't believe there are Christmas presents for the Bulls out there. This wobbling up can carry on for another year.it's so hard to predict where the top is.
Never mind Cees, rather listen to Zuma, he is never wrong(how can you ever be wrong when always only stating the obvious :) "There are signs South Africa is recovering from the worst effects of the global economic crisis, but the revival will likely be slow and job-creation will lag", President Jacob Zuma said on Saturday. Zuma was addressing tens of thousands of supporters gathered in Kimberley, about 380 km south west of Johannesburg for the 98th anniversary of the ANC party's creation. Well done to Zuma for spotting those signs!!
So he's like 40% shorter than usual ? Now this is giving a new meaning to trading in the zone. Remember to to add this to your trading strategy 7. RSI is breaking down. 8. Wait for funny Buffet midget dream.