C2, I never go with what might happen, only with what's
happening, because I am genuinely clueless. What's happening
at this time is QE to infinity. I agree with Acting Man, it
might change in the future. Once or if it happens, the Fed will
let us know.
For example, I got bearish in March this year because the
Fed was scheduled to stop QE1. QE2 or QE lite could be
announced at any time, but I stayed bearish until August when QE2
actually started happening. I expected a sorta flash crash
because of lack of printing at some point after QE1 stopped.
Not expecting it now. Again, no crystal ball to infinity -g-
With these managed markets anything can happen! You kinda
have to track what the market managers do and plan, if you
want to play these "free" markets. I choose to leave the
playground in stocks, for that very reason. You are essentially
playing a rigged game, so odds are against you. One needs
to stay afloat and lose the least amount of money in real
terms in this very ugly economy. Don't sing high praise to
gold. If you are long gold and made a few clownbucks, you
didn't make anything, you just lost nothing and you will still
get taxed on it -g- |
