BG,
I see what you see, and agree that everything points to a rally in the buck, and an IT one at that. I'm just staying in lots of cash, some gold/energy in free shares, some bio, some gold/energy shares for trading, and my largest holding in defense/homeland security tech...that's it...buying some tech tomorrow...Aerospace and alternative energy....but in the same breath I am long USPIX, BEARX, PSAFX, etc.....so...basically...hanging with cash, waiting for direction, but not staying out of the markets totally...let's see what plays out...but I know gold looks weak here, and in the IT also IMO...bottom line, on the monthly charts, gold and the general markets look overbought and high risk...I'm in select stocks with an oversold monthly in pertinent sectors going forward....there is a very large, intricate game going out there in the world right now, and we are not privy to it...so it's best to be cautious and safe, until someone show's there hand....how's that for a short answer...be cool.
Bert |
