2-18-12 Weekend Update
The implication for the coming months is a strong deflationary theme in the markets. Patterns in stocks, oil, and gold are all suggestive of lows below the Oct lows within the next 5 months. Once we have some indication that stocks may have made a high, I will detail the specific time and price projections that will confirm (or not) the highlighted patterns.
For investment money, the only thing I am in or would recommend would be UUP or EUO etf's. Those are US Dollar Bull and Euro Ultra Bear etfs.
The first concern in investments is return OF your capital. The second goal is return ON your capital. Now is a time to be sure to keep what you have. Even if you do nothing with it, the opportunity to buy longer term holdings at far lower prices will come.
No comments:
Post a Comment