For our first WTI news for 2010 World Top Investors, let’s remember 2009 that started with a bust and ended with spectacular gains. Now that the first swing down has happened in the index since the beginning of the year maybe it is time for a macro perspective view of 2010.
We talked to WTI participants and the consensus is that the markets could rise another 10% in the first semester, with short-term rates to remain low, but to rise later in the year.
The dollar will have a 3 to 4 months upward bounce, but will resume the trend after. Because none of the participants wanted to reveal preferred trades, we would like to remind all of you some of the already famous outrageous predictions from Saxo Bank:
- Short in EURTRY and ZARTRY
- Long German Bunds
- Long TSE index and short the Nikkey
- Short march 2011 sugar contract
Historically the last 10 years were a bust. Economic pressures will force creative choices for the next 10 years.
For WTI participants the next 10 years are not important just the next 2 months until the end of the competition. Mariusz Ganczar maintains his phenomenal gains of 2622% followed by Hungarian Szabó Barnabás with 268% and Bulgarian Hristo Grivnev with 205%.
Good trading.
