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Nothing is happening in the markets, but something is going on
Readers know that I am leery of the current market. My super is all in cash at the moment and I have a sense that there are moves underneath the fresh all-time highs in the S&P 500 and the post GFC highs in the local stock markets that something else is afoot – maybe subtle, maybe seismic but enough to give me pause and to warn trader that they should be careful for the moment. Perhaps it is just the summer lull, perhaps I’m an old bloke out of touch with a new reality – but whatever it is it means that I’m still trading the market in front of me but watching size and stops very closely.
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- Jul 29, 2014 12:30am Jul 29, 2014 12:30am
- MedievalEcon
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- sydap2003
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- redfx1989
- | Joined Mar 2012 | Status: Member | 280 Comments
take what you can take, before market take it back
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