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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: edward miller who wrote (76588)2/9/2023 1:18:37 PM
From: Sun Tzu1 Recommendation

Recommended By
ajtj99

   of 97985
 
Investing in EM depends on your outlook for commodities and the global economy. Investing in EMLC means that additionally you believe the USD is going to fall. IF I had to choose, I'd buy EMB once it stabilizes.

But from where I stand, it is now time to take profits on both sets of ideas (if one has not already done so) until greater clarity. I have now taken profits on all my positions and am in a wait and see mode with a lot of cash. This is one of those times that I don't know if I should be short if I am missing a good buying opportunity. It's pretty evenly split. So given that I've had a very good run, I took profits and am sitting on cash until I know better.
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