Monday 7 October 2013

8. Summary of the trades (September 1st, 2013 - September 15th, 2013) - outstanding

hello,

In the first two weeks of September in the capital market in Poland, there was a very important changes. Namely, the government decided to nationalize the Open Pension Funds (OFE) stealing the money of its citizens and repaying the debt which they created themselves. The behavior of foreign investors and domestic are not fully known. Unfortunately, no one expected such a strong decline. Polish Index WIG20 during the day was losing nearly 8 percent. What it turned out later the capital market in the next few days recovered "all panicked investors" and is preparing for an attack on the new year's heights.

trade 1

Recommendation on the SP500 futures showed that the trend is your friend. The market after positive data from the U.S. market and the European set new heights this year. target price is set at the end of the fifth wave possible at levels 1720 points.

trade 2

Summary of trades



regards,
oscarjp

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