Stock markets at all time highs, gasoline low, interest rates low, did not go to war, best OECD growth, hunted and killed Osama, inflation benign, jobs up and up...
Wednesday, November 12, 2014
Apa Lagi Amerika Mahu
For my life I could not understand why the US mid term election came to be a snub against Obama... I mean although he is not a big fanfare guy, he has "righted" the many wrongs from the Bush administration, if you can call it that.
Stock markets at all time highs, gasoline low, interest rates low, did not go to war, best OECD growth, hunted and killed Osama, inflation benign, jobs up and up...
Stock markets at all time highs, gasoline low, interest rates low, did not go to war, best OECD growth, hunted and killed Osama, inflation benign, jobs up and up...
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That is from a nation that thinks letting everyone have a gun is a "good thing" (TM)
apparently the democrats did not advertise themselves well. Most of the major news media are controlled by republican sympathisers like Fox news. Also what I understand is the ordinary folks are not benefiting from the improvements in the economy.
Obama too eager to tax the rich and take care of the poor too much. The 1% can muscle a lot of fund to campaign and twisted the story to their favor.
Obama foreign policies have not been able to yield positive results. The big brother ego has been bruised.
I think that Obama is one of the best president from the land of the free,the US of A.That is if one were to count from the bottom up.He is one of the "chickeness" (kaybo) president the great US of A ever had.His popular ratings have plummeted,just like Najib's and Anwar's.These three will make a handsomest strange bedfellows.
The Usd/Jpy was screaming that it wanted to go higher.So we listened,cut our losses at 1.1410 and went long.Have exited the trade at 1.1660.
Have a nice and wonderful weekend,boys and gals.
Starting next week,watch the Usd/Jpy which will be having a three wave a,b,c correction to complete wave (4),that is if Friday's high of 116.80 is a completion of wave (3).
Then the Usd bulls will be rocking and rolling towards 120.00 or slightly higher to complete wave (5).Over confidence and complacency will have the Usd and stock bulls forget to stop rocking and rolling,tripped and fall off the cliffs.
Then a very big correction of at least 15-20% is on the way,that is if the big grizzy is not waiting at the next corner.What if the big grizzy is waiting at the next corner?Then the Dow might be at the 5k-3k levels in 3-5 years?
It is time to start planning for the next cycle in stocks.Did anyone still remember that I mentioned sometime earlier this year or late last year that the bullmarket in treasury bonds is not over yet.Do not be surprised to see how low yields will go.
You boys and gals will soon get to witness the greatest bond and Usd bullmarkets of all times.But it will all only fall in place if the Dow is destined for the 5k-3k figs.
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