xjo - macro players pls, page-13

takuan

My MACRO view of the world is that it is absolutely STOFFED until at the earliest 2013, its a view I share with both FA and TA people from here and elsewhere, so combining both thoughts I choose to use charts to keep myself at least ahead of the STOFFED economies until I see fit.

So if it wants to go up LET IT, if it wants to go down LET IT. But most importantly make money when you can, because IMO the hand outs will become less frequent in years to come.

I spent 3 days agonising with a friend of mine why WBC is not the place to be long above 2600 on a short term basis, after 3 days it sunk in but not when price was above 2600
Do I like WBC ???, yes but there a time to party and and time to sleep.


Regards
Rob