Pascal
12-03-2014, 12:45 PM
Really strange action in the market today.
The 20DMF still shows that no real money is moving back in.
27220
Treasuries/oil are down and gold/US$ are up.
2722127222
2721727219
Energy is up, but the MF is not too positive.
27218
This tells me that there is fear (gold), that cash is being raised (US$, Treasuries) and that equities are not the main issue at hand.
The main issue is how will Russia react to being squeezed by the rest of the world?
I am not buying equities here, but I am not courageous enough to build a short position.
Pascal
The 20DMF still shows that no real money is moving back in.
27220
Treasuries/oil are down and gold/US$ are up.
2722127222
2721727219
Energy is up, but the MF is not too positive.
27218
This tells me that there is fear (gold), that cash is being raised (US$, Treasuries) and that equities are not the main issue at hand.
The main issue is how will Russia react to being squeezed by the rest of the world?
I am not buying equities here, but I am not courageous enough to build a short position.
Pascal