Mika's Commentaries
Mar
1
2009
Nokia & Other PinPoints
by Mika
Overall Rating:
1.3 - 2009, Weekend Thoughts & Work PinPoints,
- Gold has topped at 1000 $ and preparing to fall more.
- Oil has bottomed at 13.2-2009 with 34 $ future price (rollover weekend).
- SPX will find bottom between 600-662 - Minor Wave 5 should end there.
- Tele-operators are most bullish stocks globally at sector rotations.
(American Tower from US as one example)
- SOX / SMH stocks are the weakest sector to try to short anymore.
- Chinese and Russian´s StockMarkets has bottomed allready.
- Market absolute turn will occure between 17 - 27.3. 2009
(SPX points are the most important one´s).
- Energy might appears to have have leading sector at this time before everything else turns
- REIT´s are the best to short.
- IBM bottom is placed allready.
Tags: nokia
