Re: HOW ONE iTuliper IS INVESTED?
My bet now is that the equity markets are going to go up for a while--5, 10 or perhaps 20-30 days. No one knows how long or how much. It was quite a recovery today--from 12:45 to 4PM the DJI picked up 625$. I expect some follow through, and I am not sure that even today's opening price will be retested.[/QUOTE]
Jim,
Agreed. Time now for a relief rally which, to your point, shouldn't last more than a month, at the very most. A tradable rally only and as it progresses, a good time to sell what dogs you may want to unload. This morning, gold was showing some signs of climbing from its' most recent short term bottom.
Greg
My bet now is that the equity markets are going to go up for a while--5, 10 or perhaps 20-30 days. No one knows how long or how much. It was quite a recovery today--from 12:45 to 4PM the DJI picked up 625$. I expect some follow through, and I am not sure that even today's opening price will be retested.[/QUOTE]
Jim,
Agreed. Time now for a relief rally which, to your point, shouldn't last more than a month, at the very most. A tradable rally only and as it progresses, a good time to sell what dogs you may want to unload. This morning, gold was showing some signs of climbing from its' most recent short term bottom.
Greg
Comment