steve,
Looks like down into the New Year, and a down first quarter to me...but December is a tough month to get a read on. The VIX will rise. Crude prices will not be economy friendly IMO....NG looks good IT...USPIX has bottomed, and is moving up on a monthly...the miners WILL correct, and a good one it will be, but from higher prices...and after the IT correction, it's back up the truck. But, in this volatile environment, I'm certainly not firm on my stance, but will just go with the flow...I am well positioned for a gold rally (which is in the works), or select tech, or NG...or....this market is a real test for TA types who think they have their chops down...you either lead and put your money down, or you wait and follow...the only thing that matters is that you're right...and know when you're wrong..
Cheers,
Bert |
