by
prestonni
on
Jan 3, 2012 •
UBS near term bearish but predicting the cyclical bear bottom in 2012. I’m out of time to comment now but here attached the comprehensive technical report. Dont chase the market and a fake breakout is UBS’s nearterm call. All the best for now. Rich UBSTechnicalStrategy2012
by
prestonni
on
Dec 7, 2011 •
We have had rumour on top of rumour. Central banks took action to liquify the system through their collateralized swap loans, equity markets were over sold and we recorded one of the best weeks for asset prices in years. Markets have risen nicely to resistances and tomorrow the euro meetings start. The good news is...
by
prestonni
on
Dec 6, 2011 •
Short term at over bought levels (and price resistances). UBS expects another few percentage points on the basis of the xmas rally before the cyclical bear resumes. In spite of the mildly bullish call UBS declares selling into strength the better move at this point – which, in my opinion, is the correct move due...
by
prestonni
on
Nov 15, 2011 •
The UBS team continue to expect a late Nov high beta rally. They site the 1.348 eurusd level as important too hold to sustain the risk on rally and sp500 1226. Lets see.. Weekly15-11 For my mind market watch here providing a rare ‘perfect’ summary of where we are.. http://www.marketwatch.com/story/the-bulls-need-to-punch-through-resistance-2011-11-14?link=mw_home_kiosk Rich p.s. With the pre...
by
prestonni
on
Nov 14, 2011 •
We cannot know how effective the debt monetization will be and therefore the degree of inflation and financial repression that will be called for. We can be 99% certain that the money printers will do all they can to implement the financial repression model as far as the eye can see in an attempt to...
by
prestonni
on
Oct 25, 2011 •
Gold and silver both scored parabolic moves in 2011, have the parabolic moves finished or are we about to see a dramatic leg up? We shall soon see guys. http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/10/25_Stephen_Leeb_-_China_Will_Send_Gold_%26_Silver_to_the_Moon.html Today may or may not be the long promised dawn for the pm miners but there have been interesting price moves as the pm metals...
by
prestonni
on
Oct 18, 2011 •
Report here below.. will update later with, hopefully, more meaningful comments as under time pressure here.. Rich UBSWeekly18-10
by
prestonni
on
Oct 13, 2011 •
Apologies for the delay in posting up.. Ive been traveling between beach, mountain & city. Below the UBS technical view. Its a complex report this and contains many gems. The summary is sp500 above 1074 or so (on a closing basis) signifies the low is in for this wave of the cyclical bear. They suggest...
by
prestonni
on
Sep 29, 2011 •
We have found supports across many different asset markets from industrial metals to softs to equity markets. Vs this we have extreme political and central bank involvement in asset markets. Their actions are driving price potentially overwhelming the technical issues. Extreme spikes down are very possible therefore as the technical supports and up draft is...
by
prestonni
on
Sep 27, 2011 •
UBS are of the view that the low is likely in for this leg of the cyclical bear. They do leave the door open to a retest of the lows of this leg in the next week or so but recommend any such move as a ‘buying opportunity’. October rebound scenario. Sectors etc are in...
by
prestonni
on
Sep 20, 2011 •
Of course its all probabilities. The Nasdaq is in breakout to the upside. The UBS technical team are sticking to their bearish forecast of the final interim lows to occur at lower levels. A move above 1230 would negate the UBS view.. I cited 1210 SP500 which we are still struggling with. Lets see.. Rich...
by
prestonni
on
Jul 11, 2011 •
He knows the market inside out. The interview release was delayed but now live.. Watch price.. price must be our lead here..It could be really explosive if he is correct. http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/7/11_Andrew_Maguire.html I do hold paper futures, physical and miners in equity,etfs and option calls. If he is right and the paper holders are forced to...