Well, last week was ever so light and peaceful. This week the storm has begun, but we are about to be lulled into a false sense of security. We are about to bottom out and see a rise back up to and around 11600/11700 before the next wave lower below 11,000 up to and after the festive period. Well, unlike last week I have been super, super busy! My new forex site is nearly ready for launch, yet I am also getting ready to BUY more gold, yes more of the stuff. However, I see this taking a small dip over the next week or so into December – Why? Well, I think the markets will rally swiftly, yet it will be short-lived so you will need to move quickly in order to catch the move. In fact, I see many things bottoming out now as support levels have more or less been hit – temporarily. The Eur/Usd, GBP/USD, Dow, Ftse and SP500 etc, all of these should hold where they are or even rally a little into next week before we see further downside pressure. **************************** Made a quick £190 earlier today, in LESS half a minute. Do you want the same after Xmas? I can show you the exact signals and give you the training! Email me now: fixedoddssuccess@gmail.com **************************** Two reason for the market holding: 1.) It has to at some point and there is only so much that ANY market can sell-off before it rests and holds on for dear life. 2.) They have all hit crucial support zones very quickly, so expect a short hold before we head lower into December. There is now way I would entertain buying the markets hard here however, as the brief rally or HOLD we will witness could be as brief as literally – 1-2 sessions! Let me tell you the levels of where we are looking to buy and sell for each market! The Dow Jones (Wall St Index) It’s right here at the red line juncture, where I see market halting for a short while (might even be shorter than we think), before the next thrust lower is seen and by thrust I mean freefall below 10,000. Now, with the Ftse, the same level I see here that is compared to the 11200 zone on the Dow is indeed 5050! I think a bounce from here will occur, (however small) and should last well into next week before that burst down through this VITAL level is witnessed. Trust me on this... When 5000 is broken on the Ftse (there will be no looking back) With the U.S. in more or less $100,000,000,000,000 worth of debt and LESS than a trillion of REAL money in circulation I do not see the $ (long term) lasting and eventually GOLD (priced on the back of it) will indeed Rally to OVER $5,000 by the END of 2012 and into 2013. ************************************ I made £190 in 20 seconds this morning! email me now to see why and how you can get the same training! ************************************ However, it could be worth MORE even though it will be priced at that. There are two things I am investing in right now – Carbon Credits and Gold. I don’t agree with the carbon issue and think it’s an added tax, but it’s the next bubble but the lasting investment will be gold and so to Agriculture – more on this with my end of year report. Just look at my Gold chart to see where I decipher the next big move to end 2011 My Gold chart is an IDENCTICAL one to what I copied out 3 weeks ago! I stated to purchase gold between the black lines and that is still the case today... Between 1600 and 1760 just BUY, but the buying will come harder at 1600/10, which is where we should see Gold sell-off to with the equity markets rallying the next 1-2 weeks. THEN, we will see the markets sell quick with Gold gradually building en-route and SURPASSING previous highs at $1760 and then through to breach $1840 into the New Year! I am waiting for one hell of a ride, but whatever you do going forward – keep stops tight, especially when trading to the upside into next week. However I will let you know EXACTLY when to short with next week’s alert and then you can simply not worry about stops –just short!
My fixed odds trading is taking a step up now. But I am also very active with my forex trading too.
Have a fab weekend and I wish you the best Matt $haw www.fixedoddssuccess.com
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