One medium term [1-3 months] strategy I like to employ is deciphering which markets are crowded.. a crowded market relates to every man and his uncle is involved in a market due to various reasons. Bottom line being - majority of these street have the same consensus.
More often than not - crowded markets become severely unbuckled as crowded markets are trading on current information not future information.
No one knows what the future holds. But one thing is for sure, the market loves inflicting pain, it thrives on it, it lives on it.
Below are my top 5 crowded markets I have identified for differing reasons.. they won't be played out overnight - but you can be sure they will be played out soon.
1. Copper
2. DAX
3. Nasdaq
4. EURCHF
5. Cotton
Over and out see you in 2011
One medium term [1-3 months] strategy I like to employ is...
-
- There are more pages in this discussion • 102 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7,963.2 |
Change
-34.500(0.43%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,997.7 | 7,997.7 | 7,951.5 |
| XJO (ASX) Chart |