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.