I remain of the, thus far wrongheaded, belief that the risk/reward in the market is poor. I am at a low net long and have a lot of dry powder in case the market ever corrects again. Have  a good night.

1 comment:

Shubh Desai said...

Hi, I said couple weeks ago on your site that we are playing opposite to 2009 Q1. I see Market going up until 1st week of March and we should see correction from second week of March. It is just my gut feeling. Every one was saying in 2011 that its replay of 2008 (including me, but i was predicting small version of 2008). Lot of people were expecting one more lag down last year in Q1 2012 and we are seeing opposite to that.