CASH is the best place for now.
The wave of recent breakout failures highlights the market's malaise. On the other hand, despite the extended malaise, the decline - so far - has been moderate. It means that neither bulls nor bears are making much money in this directionless market which is more of a day-trader paradise. Trying to find trends in this market may result in a death by a thousand cuts. It's best to stay in cash and look for odd balls that are so odd they would have little correlation with the averages.
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment