Time to begin looking for the exits in the domestic equity markets. Something is a 'brewing. I have a slew of data and back up supporting my current view of running for the hills; if you haven't already. The move in oil and the recent price action in the commodities market (oil down 40% or so in 3 months), the past few days in the precious metals market ; -10% then up 15% in silver in 3 days. The market is giving its signals; (what's left after the Fed has taken every other signal away). Seasonally speaking; December is very rarely a 'crash/correction/pull back' month; positioning, year end, bonuses, etc. Money managers won't go making large changes or take on any additional positions that aren't in a confirmed uptrend. I think the individual investor can make some excellent moves during this time because we are not constrained by SEC reporting, holdings and meeting quarterly benchmarks.
I'll be posting more charts over the next two days or so on here;
For starters; on my India call; check out the visual of these ratios: stockcharts.com (type them in; or copy and paste)
ewz:eem
rsx:eem
indy:eem
fxi:eem
eza:eem
Which one looks better? That's right. Get long, get strong. BTFD.
To be continued:
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