Changing strategy
In the final part of my collaboration Comments 25mar11 market (see http://www.blogger.com/post-edit.g?blogID=8837389672764362783&postID=5701839927551032757) on Friday wrote:
"" "Unfortunately, I am very busy ( I recall that my move is day 29 and I have many things to do and prepare, including medical records, etc), and this precludes me be online and able to actively manage .
result, strategic decisions have taken :
1 .- remain intact the investment .
For now remain without coverage .
I put the 10500 stop level (which is where I estimate should be the lower limit of the band in which we operate), which, interestingly, coincides with the view ATD Jordi friend (when he says "upside objectives towards which we tend. remain in effect until the 10512 lost "). 2.-
will maintain a level of equivalent positions + / -50% building (I'll resetting when I connect, and now are at 46%).
3.-These positions have a strong coverage of 60/70% of positions (I'll resetting when I connect, and now are in 67 %)."""
AFDR After the upgrade this weekend I changed the strategy for this week :
* 1 * Keep investment without basic coverage, but recess for the stop level to 10,420 (instead of 10,500).
* 2 * Increase positions up to + / -70% of my ability . I will make the correction
as Monday at the opening.
* 3 * reduce coverage to 50% general positions.
and put a stop to double match the 10,416 and 11,217 levels marking the AFDR . I will make the correction
the same Monday opening.
* 4 * After several updates made today, some weights edit:
.) SAN : confirmed its recommendation on weight (consider a tour pessimistic minimum upside of 20%)
.) BBVA : recess its recommendation to neutral weighting
.) TEF : increased its rating to neutral weighting
.) MAP: keep recommendation
neutral weighting.) ALB (including ACS + ACX + PSG +...) increase its recommendation to over weight (given the current rebate on their NAV, is an advantageous way to enter the diversified equity-all of them are internationally diversified, with significant initial discount).
Greetings,
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