Thursday, April 12, 2012

The market is starting to turn over


So it is a wise decision to sell in early March so far. That is if you have followed my suggestion. Some of my friends are still waiting to sell in May. Well, I hope they are lucky and I am wrong. Now the big question is whether company profits are starting to plateau. It is probably not as obvious at this point but as the earnings season unfolds, we will know more about it. I am not optimistic about earnings growth, but it is not safe enough by my standard to do naked short. So if you are brave enough, you might take some bets on the short side, especially on those benefiting big from the risk rally.

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