Time to Buy?

Posted on Mi 23 Januar 2008 in misc • 1 min read

bear.jpg[bear.jpg]{.caption}I dipped my toe into the markets yesterday and moved some cash back into the markets. My Timing Model indicated that it was a great day to Buy but since I’m risk averse, and the markets are gyrating like I’ve never seen them before, I took a small position concentrating mainly in Asia/Pacific area.

Only time will tell if this is the Bernanke support we all so badly want or if we are heading down to 1250 on the S&P500. Judging from the futures this morning it looks like I made a wise decision to take a small position and the markets have no confidence in Ben.

I emailed my members yesterday morning and told them what my plans were for the day, why don’t you join up?