Thinking .. Ahead and Through …

Minds At Work.

US Markets: Finally .. Let’s Prepare for another Large Correction

The ride upwards was good, and smooth..
Now let’s prepare for another Large Correction.
Not sure when exactly it will start, but’s it’s better to be on sidelines (or hedged) at this point.
- Valuations, Sentiment, (P/Es, PEG ratios, upside Volatility) are all at un-sustainable levels, while
- rally-momentum is getting exhausted. (MAC, RSI, Stoch. indicators, VIX, VXO,)

August 8, 2009 Posted by mindsatwork | Markets and Investing | , | No Comments Yet