This blog is about how the world stock markets perform and which way they will take next.I have developed my own technical tools during 30 years to give the investor early warnings for coming big changes in the main trends and for the trader to take positions before the markets react. Click all charts.
27/04/2013
We are at the all time high and the top is probably in. The next days or weeks will be of crucial importance for the world economy when the world stock markets start falling. This is the biggest opportunity in your life to short the markets and you must do it safely with only say four percent of your account because you can be wrong several times and you need to find another top. Only short tops or you will be stopped out.Then hold that position as a long term investment for the next several years. Do never touch it. Do not put any limits or stops on your position because you will be stopped out by robots in short covering. Trust the big trend. You must short the market on a top that you can afford to hold. I took this chance to sell SP500 at 1.591 and hope that this top never will be seen again. I will only close that short position when the bear market is at its bottom in let say three years. This is because the difficulty to take a new short position. Major rallies during the coming months or years you should forget about as long as your position is not threaten. There is nothing regarding your position called profit taking before the big trends very bottom. Do not even think of touching your position. You have shortened the all time high and your position is hopefully in the money. Then you will not touch the buy button for years to come. See my short position which is real as an example on what I mean. I now keep my thumbs that this trial was the final. You can see my short position at the line in the daily chart below.
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