Tuesday 25 August 2009

Inspiration

For those on the sidelines these are frustrating times. While every technical indicator is pointing to a highly overbought situation these markets are going higher… and higher…
Well, trees can grow a lot but not into the sky.
For those being long: enjoy the ride but mind your step. And use stops to protect your money.

So what do we see?

• Brazil continues to surge... the commodity-rich country's Bovespa index makes new 52-week high.
• Starbucks keeps climbing... coffee shop rockets to 18-month highs.
• Oil hits 10-month high... recovering economy drives crude near $75. Sphere: Related Content

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