Resolutions

This was written on 4th Jan 2010.

You have to forgive me. It takes some time to get used to the new timings. I will have to adjust my lifestyle to be able to start sending my note before 9 am. May be I will insert it into my new year resolutions today (C'mon a little cheating on the resolutions is allowed)

HSI which was on a SELL mode has turned into a BUY on Thursday and today HSCEI has already triggered its BUY stops. With this, all equity indices that I track are in a BUY mode. So either I go spectacularly right or implode equally badly. Going down in a whimper does not even get you noticed.

Commodities like Crude and Copper are in BUY modes and Gold and Silver are currently SELLs. The Dollar index continues its uptrend.

I do not have much else to add. The change of trend levels are given in the Table that I send separately.So really, the question to ask myself is what would I define as success in the coming year? One clearly is making a ton of money (goes without saying that it needs to be done ethically) The second would be to learn the game of golf within this year. Do what it takes to get it done.

This is now out in the open. Will revisit this again with you at the end of the quarter.