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January 14, 2008

Farmann - The market

Today is bullish. Hang on, sit tight on cash. Don't buy into it.

Wow gold broke USD 900 and is now trading at 906. Your mining share will do very well when New York opens thank you very much, well done everyone.
Hold on to your mining shares, next target for gold is USD 1000 and this can go very very fast as everyone now sees the inevitable.
Owning gold and those mining shares is great, it keeps you calm through the madness.
The sane thing to do now is to just hold on to gold.

We now recommend selling your shorting positions on a downturn.
Either today or this week on a bearish day.
Take the profits.
Then sit in cash.
This strategy has been extremely good to us, it can be done again.
There are still optimists in the market.

Here is how:

Reenter into new short position shorting the OMX30 THE DAY AFTER THE FED CUTS RATES.
The FED will lower rates on the meeting January 30/31.
But they might also cut them before that. That will be a bull day, and the next day will be a bull day.
You do not want to be in short positions the day the FED cuts rates, and they will.
Buy new put index options the day after the FED cut.
Buy them for April 2008 put or January 2009 put.
For peace of mind buy January 2009.

Then hold on to them to maturity. This year will be very bad.

January 08, 2008

Farmann TV: Alan Greenspan i Oslo, Markedet skal NED

Folk lyttet ikke etter når Alan Greenspan talte i Oslo.
Markedet skal ned, NED.
"Alle" var der.
Alle hørte det han sa, men få om noen lyttet.
Spesiellt media sviktet.

Folk vil ikke høre etter, de vil ikke tro at markedet kan eller skal ned.
De smiler litt når vi i Farmann igjen og igjen insisterer på at markedet skal ned med så mye som 20-50%.
De har ikke vært med på en nedgang så de tror ikke det kan skje.
Journalister i tyveårene dekker saken for Reuters og Bloomberg, skriver hurrameldinger.
De tror ikke det er mulig.
De vil få seg en blåmandag av dimensjoner.
Disse menneskene vil blø, se sine finanser forsvinne som dugg for solen.
Smellen kommer, de kloke forbereder seg for det.

Terra Meglerene - Visste Selvfølgelig Hva De Gjorde

Terra meglerene Knut Anders Opstad og Harald Norberg bedyrer i dag sin uskyld.
De blir vi provosert av.
De visste selvfølgelig hva de gjorde.
De gav blaffen.
De brydde seg om sine bonuser.
Det er et pyramidespill.
Hele den norske finansnæringen er et eneste stort pyramidespill.
De er like skyldige som gutta i The 5 Percent Community og bør håndteres deretter.

Farmann TV: Markedskommentar 8. januar 2008

Kommentaren ble gjort før Microsoft la bud på Fast.
Dette budet bør man selvfølgelig akseptere.
De Microsoft pengene kommer godt med.

January 07, 2008

FarmannTV: Gullkommentar 7. januar 2008

Kommentar til investeringer i gull.

Prisen i NOK for 1 ounze gull er:
Gullpris: USD 862
Kurs: USD:NOK: 5,35

Pris: NOK 4611.
Regn med å måtte betale 2-5-10% ekstra for mynten.
Totalpris ca fem tusen, (ikke seks tusen), (NOK: 5072).

FarmannTV: Markedskommentar 7. januar 2008

January 04, 2008

Shorting the market - Congratulations on your 400%!

This has gone faster than we expected.
Today Stockholm fell 3,42%.
Our OMX30 1100 Jan put option bought at SEK 20.25 today hit SEK 81 and we sold off.
We were going to sell all, but we actually only sold about half our possitions.
We belive the market will fall more so we keep some.

Yet, our recommendation was and is to sell at SEK 81.

That is 400% back, a solid 300% profit to all the people who have followed our advice.
We must congratulate you.

It is still not to late.
There will be some reaction upwards again, and greed will come back, it is not gone for good.
Wait with buying new put possitions until greed hits the market.
Today fear is on the street.

Again, let us congratulate ourselves with 400% back, four times our money, since December 12.

January 03, 2008

Our Wishes For Bad New Year

As we continue to short the broad markets we want to wish everyone in the market shorting it hard as we have recommended a most bad new year (for the markets).
So far our wishes have been fulfilled.

The Option we explicitly recommended on December 12. The OMX 1060 put for January 25, 2008 we had at SEK 20,25 on December 12. It is now trading today at SEK 59. A 200% gain in three weeks. We are to say the least very happy with that contract.

We are however confident that the market will fall more. This is just the beginning.

The carefull investor will now start to take som profits on these contracts and prepare to buy longer put contracts on a bullish day on two or three, the more bullish days in a row the better the entry - you decide how long you want to sit. Buy puts when the greed is back on the street, you'll know by the sentiment. If the FED lowers interest rates, that will be a bull day and a good day to buy some January 2009 put contracts.

We will recommend getting all out of this contract soon, most likely within the next 10 days. At SEK 81 we will sell all regardless. That will be 4 times our money.
The short term movements in the market are allways very hard to predict so we will not want to sit on the contract to maturity on January 25, we will sell either way at least a week before.

So we repeat that we wish everyone shorting the market a very bad new year.

For the sake of order:
For your personal lives, your families, the world at large and world peace we wish you a great 2008.
May luck come your way.
But for the markets, they are way to high and will come down.