Sunday, January 25, 2009

NOTHING WILL BE THE SAME

I don't like giving bad news to good people. So this is it: I think we in for a knockout decline to the abyss by March or so. I love Obama and all that he brings to the table however, but the 'secret' hole was punched into the wall back in October. Its January going on February and it looks like it back to down down down. Why? well for one the "banks" are back and they are mpy going away empty handed. Second the housing market is, sorry was, ramping for a counterattack- I don't think so. Didn't this thing start with the words 'credit crisis' came around. Credit cards in the future will be for hundreds of thousands of dollars because only a few will have them. Another indicator for my mind is the 'currency super spike and dips'. Last week the news of Toyota's problems hit and asia markets/currencies was dropped hard. That during Obaman presidential nomination.
Happily the currencies will be around in the future and making some now would not be a bad idea. I need a vacation and soon as the kids are getting large and I haven't got out of california in years-hawaii is always on the corner of my mind. In real curreny trading USDCAD is overbought so I traded thurs. - fri. for a 50% profit. Also GBPJPY is the lightning bolt trade - a true indicator of the power of money. Tomorrow starts a whole new currency week so have a great weekend and keep your head up.

Thursday, January 8, 2009

Sunday, January 4, 2009

HELLO IT'S 2009..r u rich yet???

New Week the first week of 2009 should be upbeat.

1.)2008 is over and that's all that matters.

2.)January and February will be quit turbulent as a new wave of energy enters the markets.

3.)The obama era is on deck folks.

4.)a few of my New Years resolutions: Make lots of money, go back to school, survive 2009.

5.)Predictions 1: I predict I'll start another blog for predictions soon.

6.)Prediction 2: Real Estate may rebound as many people get back into the markets: the sidelines should begin to clear as money runs for more money.

7.)Forex news you say:

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Yahoo recently changed the format of their currency page. They finally noticed the traffic spike of all the daytraders trying to trade the markets.

http://finance.yahoo.com/currency-investing

New attack: I redoing my attack the next few weeks I'll be making trades before work Thurs Friday between 2-5am instead of letting them run all day. Email me anytime for advice or whatever.

----------------------------------news this coming week---------------------------------------
Jan. 5
Construction spending
Nov.
Jan. 5
Motor vehicle sales
Dec.
Jan. 6
ISM services
Dec.
Jan. 6
Factory orders
Nov.
Jan. 7
ADP employment index
Dec.
Jan. 8
Consumer credit
Nov.
Jan. 9
Nonfarm payrolls
Dec.
Jan. 9
Wholesale inventories

-----------------------------------happy hunting and God bless----------------------------------