does she dare?, page-10

Hello Sydneyguy,
I am with you my concerns in the debt markets although CDS spreads just widened as they had been overdone in some cases. Talking to a guy in wholesale banking - works with the big boys in US - tells me they are a "dogs breakfast". Everybody pulling their heads in, running for cover as they don't know what is going to happen.

Politics running our short term outcomes and Europe my biggest concern. Too many interests to appease at once could easily unravel.

Now NCM - she is telling us something I have decided after a lot of pain and searching have decided I was wrong in the short term and maybe we have a bad 7-8 months in front of us. Problem is I don't know for sure buy She is in agreement with Cu and other hints out there that this is not a safe market. Rubbish volumes on rises - not a good sign. Big Funds wanting to exit and volume is light so how do they get out?

I will tell you - they sell relentlessly so even good days where we expect Her to go up she disappoints us. Big picture not Her fundamentals driving this at the moment.

My system broke down and will work again when it does - in the right conditions. I don't like flying blind am selling any strength myself now. Just to move to neutral from fully invested. This is 50/50 until the market gives its direction away for me to go one way or the other.

Excuse my ramblings I though I should share them anyway.
I disappeared to research, finish off a larger project - get my thought straight. I still think this is a long term buy however short term we can see it fall back soon - and unfortunately I have clear signals on that.

DYOR&DD
Very best regards,
CW