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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: skinowski who wrote (288037)11/1/2010 12:30:40 AM
From: chainikRead Replies (1) | Respond to of 306849
 
<...or the resumption of the Bear, rather than a mere correction>

Certainly possible, but IMO even a modest (5-10%) correction will be sufficient to switch the mood back to the gloomy side. Should this happen, buying again commodities and emerging markets would be a decent risk/reward bet.

My bigger concern is continuation of the rally without significant corrections; maybe 1260-1280 this year, 1300+ in early spring, and a bubble in commodities. It will be difficult to stay aggressively long and difficult to trade.

Belkin is suggesting buying Egypt, Vietnam, Africa, and oil, meaning that he is expecting a spike in risk-taking.

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