how long is the sucker rally?, page-4

Fundamentals continue to remain weak all data is negative and is not abating and some are saying that all news is already factored in. I do not buy this.

The most disturbing news is the China situation of decreasing demand and no ships moving (Baltic Dry Index) despite TED Spread falling.

I believe that this Rally (Dow, Nasdaq, S&P, Nikkei, FTSE and DAX up >2.5%) may last the length of the the enthusiasm for the Obama election but I personally will clear the decks (again) prior to the correction as the fear factor (when it comes) is greater than the greed factor.

But like the pundits said there would be no election rally... well the markets have rallied pre-election.

Buy the gossip sell the news.

I will be decreasing holdings substantially (taking my 10.82% profit + increase due to Ords Rally to occur today) to buy in at new lows which will probably occur in the new year when Volatility Index (VIX) returns to 60+.