The fundamentals couldn't be worse. The best market timers are
bearish. Big money option traders are short (or so I've been told),
and yet most of my charts say this is just a correction and we
still have higher highs to make. We shall see. I'm 60% long
equities (with some covered calls )and 40% cash.
Happy New year all.
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I'm bullish.
Posted by tomW1 on 31st of Dec 2012 at 03:05 pm
The fundamentals couldn't be worse. The best market timers are bearish. Big money option traders are short (or so I've been told), and yet most of my charts say this is just a correction and we still have higher highs to make. We shall see. I'm 60% long equities (with some covered calls )and 40% cash.
Happy New year all.