Monday, April 1, 2013

APRIL UPDATE BY Naomi day 2

16 APR
 LITLE HAS CHANGED THIS MONTH STILL VERY OVERSOLD BUT THE MAJOR SELL OFF OF RESOURCES BY  A TERROR ACT HAS HASTENED THE SELL OFF.STILL VERY LITTLE SIGN OF A SOLID UPTURN.THE MARKET IS MORE LIKELY TO DRIFT FOR THE NEXT COUPLE OF MONTHS BEFORE A MORE PERMANENT DIRECTION IS LIKELY TO SHOW ITSELF.

2 APR
THE MARKET IS STILL VERY OVERSOLD.OUR MARKET FOLLOWS EUROPE AS MOST OF OUR TRADE IS IN THIS REGION.THE EURO HAS BEEN LOSING GROUND TO THE US DOLLAR AS HAVE WE.OUR MAIN RESOURCES ARE QUOTED IN DOLLARS.THE EUROPEAN MARKET IS LIKELY TO STILL HAVE SOME DISRUPTIONS IN THIS YEAR,HOW EVER THEIR RECOVERY IN THE LONGER TERM IS LIKELY TO BE STRONGER THAN THE US DOLLAR AS IT IS BASED ON A SOUNDER FOOTING,AS THEY HAVE RESISTED THE URGE TO OVER PRINT PAPER  EURO TO GET THEIR ECONOMIES MOVING AGAIN.
ALLWAYS KEEP STOP-LOSSES IN PLACE WHEN TRADING DERIVATIVES AS MARKETS CAN CHANGE DIRECTION WHEN YOU LEAST EXPECT IT.GOLD AND PLATINUM ARE LIKELY TO HAVE A BOOST NOW, ON JITTERS ABOUT CYPRUS.

BVian's ACTIVE Stock and Share Trading Ideas: The Best One can do Now !

BVian's ACTIVE Stock and Share Trading Ideas: The Best One can do Now ! :   The best one can do now is hold onto sections of stocks ...