Conrad’s speech
October is good for the beginning of rallies. Refer to Conrad’s post http://www.conradalvinlim.com/?p=1788
Had not been able to pull any fibo for the indexes since Mar 09 because the rally had not had any 40% pullbacks.
1987 is the only real V shaped recession we ever had.
Natural gas is mainly used for manufacturing and production. Be careful if manufacturing and production stays low while natural gas spikes.
Sector rotation – as governments around the world seemed to be starting to increase interest rates, we might have a rotation of the sector investing model within this short period of time before the next big tank.
Conrad’s advice on position sizing – do not commit more than 50% of your account to trading. This is the time to be conservative.
Interesting videos – the crisis of credit visualized by Jonathan Janis
The weak economy and the dollar by Steve Forbes
Marc Faber’s 3 part interview on youtube
The Christmas gathering is on the 18th of Dec 09 from 6.30pm to 1am. Things to bring are $2 for the scalping challenge and laptops and extra monitors for scalping.
Saturday, October 17, 2009
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