Friday, September 12, 2008

2008-09-12

仔细看-下今天的大盘,Basic Materials 上涨了 4.2%, 无疑是今天的赢家。金融板块在LEH,AIG 等股票的拖累下,小涨了0.7%. Crude oil 价格收于101.18, 涨0.31%。黄金收于764。5,涨2.55%。

In recent three months, the Basic Materials has slumped 23%. So tody's Basic Materials rally is a little adjust of recent drops. Don't expect this growing can last long. The slowing America economy can not support high materials. From TA, the MOS, POT touched the top edge of the down trend channel. It's good appotunity for short.

The crude oil is almots 100 perl barrel. even the hurrican can not blow it up. It is so bearish.
It good time to write some OTM call to collect some free money.


Financial Sotcks are in mixed situtation today. The bailout of 2F is indeed a good news for credit market, but the LEH AIG brings uncertainties to the financial market. After checking the new home builder ETF, XHB, I found it's uptrend channel is already there, so I think it probably a good time to buy some XLF.

S&P index is in the down trend channel, it will probably continue is trends.

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