Hey Folk
Unemployment at 5%. A sign
that is good for a small interest rate hike. Probably that is really happening
in December.
We are back to uptrend in the
stock market already. So now is loading more longs than shorts position. I do
forsee a up move till the end of the year. Surely it would not be a straight
line up. There will be pull backs and consolidation. Dooms sayer are caught
once again. I do believe one fine day the market will come off and stay in
bearish for 2-3 years, but now is not the time. I still think we have room to
grow.
There are a lot of people out
there saying that the market are bearish. I think they are my indicator as
well. It tell me that if I do the opposite, I will be in profit.
Positions
I loaded up on USD this week. Look out for REITS for shorting. I am also
looking at Alibaba.
Well this week nothing much. Until next time…..
cheer
