Wednesday, August 10, 2005

Assagai Trading Points for Wednesday, August 10, 2005


Assagai Trading Points for Wednesday, August 10, 2005

Please note we are using the September contracts for the S & P and Nasdaq Futures.

SPU...BUY… 1,253.00 ...SELL… 1,228.40


NDU...BUY… 1,628.80 ...SELL… 1,595.70







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    Well, Christmas is over and we're all getting ready for the new year and there aren't many trading days left. Although I'm still trying to grapple with where the dollar's headed next year. My feeling is that it's going to be much the same as this - all over the place, but possibly on the ascendant over the year, mainly due the instability in the Eurozone. And as for stocks, I think the safest thing is to stick to trading the indices. There's still too much downward pressure.

    I'm personally bullish on dollar and oil futures, although I'm in for the long haul.

    If you do have a moment, please take a look at my new site on: Futures Trading for some serious trading systems. I think you'll find it worth your while.

    A happy new year to you and yours! Amon

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