Markets That Heat Up, When the Weather Gets Ice Cold!

October 26, 2011

Old man winter’s wrath will be here very soon.  In fact winter 2011-2012 is predicted to be tough sledding for much of the nation, and the world.


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1 Bob Gorski October 27, 2011 at 9:02 am
Safe Money/Money and Markets How long will we need to hold onto our positions in REK, EUO and RWM before the market starts melting again? Hopefully, this current up-move in the market won’t parallel the up-move off the bottom that started in 2009 and lasted into 2011. While already bleeding, it’s tough to hold these positions, with the 2009-2011 upsurge in the back of my mind (while holding some Safe Money recommendations) as well as the trillion dollar European support package, the TBT trade, the upcoming holiday season which is generally favorable to stocks, and a couple of recently blown forecasts regarding expectations for when the meltdown would resume. Would you kindly provide some comment regarding the timeline for holding ,or would ‘selling now – re-purchasing later’ be a more prudent decision. Thank you, Bob Gorski

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