tag:blogger.com,1999:blog-7025352174566040697.post5688107738431273925..comments2024-01-31T01:36:09.111-05:00Comments on COTs Timer: Rally Has Shaky FoundationAlex Roslinhttp://www.blogger.com/profile/05203588321742142651noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7025352174566040697.post-15106870286682022782009-06-30T20:38:22.497-04:002009-06-30T20:38:22.497-04:00Alex,
people really need to learn to look at the b...Alex,<br />people really need to learn to look at the bigger picture (human nature is not cut to grasp this concept - we are breed of "hopeful" - we hope for lottery, great jobs with no efforts, easy money in stock market).<br />To realize what we are about to face we need to understand that final washout is about to begin, dreaded W5 is about to unfold (and 38% is pretty much where it DavidDThttps://www.blogger.com/profile/05029086899773428286noreply@blogger.comtag:blogger.com,1999:blog-7025352174566040697.post-57249662517780687402009-06-30T11:36:23.379-04:002009-06-30T11:36:23.379-04:00Thanks for the feedback. In addition to technical...Thanks for the feedback. In addition to technicals, I also like to buy the em funds (bear or bull) when there is a substantial discount to NAV.<br /><br />Right now, it looks like the mm's are just chopping it to take both sides' money.<br /><br />I am a big buyer on weakness and seller on strength. So far I do NOT feel bullish on any index funds as I do not see any "deals." <In Debt We Trusthttps://www.blogger.com/profile/05283475872936333396noreply@blogger.comtag:blogger.com,1999:blog-7025352174566040697.post-59737838203978418882009-06-30T10:51:53.266-04:002009-06-30T10:51:53.266-04:00Hi In Debt...,
Thanks for your message. I'm n...Hi In Debt...,<br /><br />Thanks for your message. I'm not shorting emerging markets myself. I still see the broader market as being probably in an uptrend for the moment. I don't think emerging markets have shown any sign of beginning to trend down, unlike for example the housing indices. <br /><br />I don't generally believe in trading just because something is apparently overboughtAlex Roslinhttps://www.blogger.com/profile/05203588321742142651noreply@blogger.comtag:blogger.com,1999:blog-7025352174566040697.post-83549487818242545752009-06-30T10:45:23.024-04:002009-06-30T10:45:23.024-04:00The BRICs are due for a pullback here too. Some E...The BRICs are due for a pullback here too. Some EM indices are very overbought like Russia Micex up over 60% this year (mostly since mid-march). <br /><br />The big story is commodities - especially w/crude #s coming out tomorrow. Continuing political instability in the ME and elsewhere would make the USD and yen safe havens instead of causing a bump in energy prices. <br /><br />Would you In Debt We Trusthttps://www.blogger.com/profile/05283475872936333396noreply@blogger.com