A good advice

Dear readers,
I'd like to leave you this interesting advice, because I reckon it's really good.
The book they are talking about it's on of my favourites.
It's on my special shelf in the office with others eight.
Now and then I remember to read some pages, overall when I feel confuse.
This time I'm very grateful to Mr. Jason Zweig for his good advice and I suggest you to keep it in your mind every time you want to buy a stock.



Absolutely GREAT.
Buy this book and you will be surely repaid.
Trust me ladies and gentlemen.

Bye

ANZ Update

It's not time to buy this stock, yet !
Let it plunge another 25% and there we can think to start our new long position, as long as the financial world index give us new signals of inversion.
Otherwise .......

Stay tuned !
Bye

Telecom - What to do ?

As foreseen in my previous article on 30th June the BIG Telecom has rebounded once it reached is double bottom in area 3.30.
See link at http://nztechnicalanalysisabroad.blogspot.com/2008/06/telecom-update.html

What should we expect now ?
I'm not sure, but the big movement on the volume (if it's real, true) in the last days it really worries me, and it let me think we are in the middle of just a pullback.
I'm going to buy this stock only if it comes back over 4,10 dollars or it drops to the next minimum expected to area 2.35 .
For now I don't care about it.


Let them play their game !!
We will be ready when it is convenient.

Bye

As expected

Do you really think that only the Big One Banks in USA are affected to the credit crunch ?
Do you know that there's no money anymore in the financial system ?
Do you know that all the big institutions meet all the doors close when they go to ask for money ?
Have you never seen the liabilities of your country Banks ?
Do you know they survive only for the "charity" of the International financial system ?
What do you think could happen if one days someone tells them .... "We are sorry friend, but I can not lend you money anymore !" ?


Keep up with next articles !
Stay tuned.
Bye

UK & USA Banks problems

Have you seen this ?



It's also happened in UK. Do you remember ?
Northern Rock. Does it sound familiar ?

It could happen here dear friends.
How safe are your money ?

Check your bank !!

It's only an advice, nothing more !
Anyway, in the future don't say that I didn't tell you.

bye

A glance to the Past

My old Economic's teacher was used to say ..... Dear Guys, remember always one thing:
"The Past is really important. Don't do the mistake thinking the opposite !"
Before him, with the same opinion there have been famous thinkers as Archimede (2200 ad), G. Vico (1668-1774), N. Machiavelli (1469-1527).
As you can see above, we are still under media both on price and on days.
Let's be prepared mate !

Bye

It's not over !!!

Above you find my personal view of the market with the Elliot Waves.
We should be into the Wave C of the principal movement started at Jul 2007 (for some markets) and Oct 2007 (for others).
I suggest you to go to this link and listen what he said in his last Bloomberg interview:
http://media2.bloomberg.com/cache/vrIG4cHtP.HQ.asf
I do agree with him.
As a friend of mine is saying in these weeks ....... trying to find a bottom during these moments, is a mug's game.
See you soon.