How are you all, hope you are keeping well.
Miss the market - but umm nahhh..not really.
Too many asset class imbalances and makes trading very tricky. I am still researching the market but keeping funds tight.
Technical traders will continue to have it tough until June 2011 in this federal liquidity driven market were natural dynamics of supply and demand have been sucked out.
Why June 2011?
Market has been ripping since September 2010. So nine months from September low makes it somewhere in the region of a 270 degree cycle. This is where Helicopter Ben also ceases his asset purchases. Time & Fundamentals seem to tie in well for a June 2011 high.
My income portfolio is going gangbusters..but as usual, being an income portfolio I anticipate the gains to be completely wiped out. Am I going to sell? No it's for income :)
As for the market...lol.....Off to Europe I go.
See you when I get back.
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