Tuesday, October 20, 2009

Quick Analyze

First of all i'll like tank to my big friend Carlos to let me post my charts and opinions in this blog.
In the first place the trend since march lows is the upside, there is no doubts about it.All trends are up, and any trade you do in the downside its a trade against the trend.
Basically who as traded in the long side, has succeeded a lot in the last couple months, and so the best way to be in the market so far is in the long side.
My opinion about the market its probably very close to a top, about the start a big correction, but until now there's no evidence that the market has topped yet, so im going to post a few charts about what i think it might happen.