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Pascal
02-02-2015, 12:56 PM
I might be out of focus today or it is the market that cannot find its direction.

After an early drop, the bounce has been relatively weak. The only interesting instrument today is gold. after a strong push up, it pulled back with no sellers and gold is now back up.

I have been looking at shorting oil after two days of shorts covering, but there is no real indication that we should short oil here.

Even equities are almost neutral.

I am still a willing buyer of equities, but for a first of the Month, I do not see much traction.

I believe that I will let this market hop around for now.


Pascal

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