The Polish currency is not doing well recently. The new political party is introducing anti-business laws. I expect the currency may be weaker especially at the end of the year. Before a new heights will be introduced, first an attack at this height will be in play.
This is only my opinion, please share your views and act to your own strategy.
Looking for for the past and expecting that recovery would be just 50% of the similar one that started in 2009, and will last 50% shorter, last rise lasted about 791d and this may last 50% shorter i.e. 366d.
Granting that this would be true, Q1 2017 would be the best period to open short positions of coal companies.
Of course this just my view, not a trading advice.
Tomorrow there is a press conference following the Governing Council meeting of the ECB in Frankfurt. Who know what Draghi will say.
I suspect to enter long now, sell in the range 10100-10160 and wait for Draghi and observe the market.
Markets in USA are very high (generally all time high). Market usually does not go straight up. I guess a small correction is the matter of time. If there are no bad information, I advice to re-enter long position as shown in the graph.
Enter the market around 9900.
I suspect that the mobile game will be very successful especially in Asia. It is very successful now in US, Australia and New Zealand. It seems that the game craze will last according to my presumption up to 1 month. There could be some extra positive movements.
As stated in related DAOETH5.00% idea, I expect that the solution to the attack on DAO last Friday will be found.
In the last 36 hours we have witnessed an attack on The DAO. An attacker utilized the “Recursive Call Exploit” in the `splitDAO()` function to withdraw 3.5M ETH while burning only a small amount of DAO tokens.
Luckily, the funds are not under his...