July 5, 2013
OUCH Rates are going even higher. (Now 2.72) This is not good. We remain in a trading range but the technicals still indicate further weakness.
July 2, 2013
It is looking more and more like this market is going to go DOWN. Treasury rates are staying high and thats not a good thing. There are numerous other technical indicators that show the highest probability is down. BUT having said that……. you have to believe Bernanke will ride in on his white horse and try to save the day.
SH is an etf that acts as an inverse to SPY. If you dont know how to short stocks, or dont want to learn, this is an EASY way to short the market. Essentially you short the market by buying SH….you are betting stocks Decline. Shorting is risky and unless you are prepared to take the risk, stay away. Shorting opportunities are usually short lived and you do not participate unless you are a full time investor.
IF you are not familiar with SH Google it and get up to speed. Do not buy SH now. But if Bernanke does not get in here and stabilize things SH will be a buy.
As a precaution I would sell any stock funds that are showing a profit. You can always buy back in if we go positive.
We should have a resolution to all this turmoil next week.
Go to “HOME” (top of page) for the most current posts. This blog discusses dividend paying investments that I find appropriate for myself…..and for investors seeking dividends and income. I am not an investment professional. You must do your own research before buying any position. All gains or losses that you realize are based on your choices.