Communication


ShoutMix chat widget

Friday, July 03, 2009

Notes:

US unemployment hit 9.5% dragging down equity. I am expecting a peak close to 10-12%.

crude oil weakness expected to continue towards 60$.

neutral on gold for the moment.

bullish on USDCAD likely to test 1.18

bearish on EURUSD likely to test 1.38

bearish on DJ likely to test 8000 levels.

bearish on STI likely to test 2200.

**You are either right or wrong. If wrong, do what you think is right instead of praying you are right.**

No comments: