That's a great question, hardly mundane, and thanks for asking... let me see if I can clarify what my position is for you...
First of all, I'm not a bull waiting for some buy signal... take a look at what I wrote in the header, I simply trade long and short depending on the signal... I'm short right now and waiting for a buy signal... as it happens, the buy signal is now closer to the market than it was last week... personally, I don't care if we get the buy signal or not, I'm short right now...
I fully agree with you on the fundamentals, but I'm not smart enough to assign specific values to each fundamental component and then crunch the numbers to see whether these markets are a buy or not, I'll leave that to the experts and professionals who can do a much better job on that...
For me, life is simple, when I get a sell signal, I go short... when I get a buy signal, I go long... as they say, it's so easy, a caveman could do it... again, thanks for asking, I hope my response was helpful..<g>
GZ |
