Rather than calling a market top we hope to let the markets tell us when to exit broad holdings represented by the ETFs in our portfolios.
Strategies
3498 posts
On the short side, I have initiated a position in Bank of America (BAC) after a 30% up move and am looking for some sellers to enter the market.
Investing and even non-investing voters are being gradually and systematically anesthetized to the risks and consequences of Fed and Treasury policies.
Macro-economic events currently drive micro-economic investment portfolios. Today the focus is on Europe. Tomorrow it may be China, Japan or the U.S.