Dollar has been in a downtrend, oil is on an uptrend and so is gold. Equities are on a downtrend!All this is displaying the power of trends.
So what all do we need to do- just be on the right side of these trends. Don’t try to be extra smart by fighting these trends .These trends can really accelerate in the coming times.
Did you see how a bank like Bear Stearns got sold for just $2 dollars/share when it was trading at $170 an year back? In 1 week, it went out of business.
This raises a bigger question-Will a Citibank follow in the footsteps of Bear Stearns? Things are moving fast and the risks are way too high! And if you think this is just “America’s problem”, didn’t you believe in the power of globalization?
Stay away and let this market find a bottom. Be ready to miss a few opportunities but don’t be adventurous with your money.
Of course those of you who invested in gold might be having some real good time!Enjoy the ride in gold and commodities like crude.
- SAGECAPITAL
So what all do we need to do- just be on the right side of these trends. Don’t try to be extra smart by fighting these trends .These trends can really accelerate in the coming times.
Did you see how a bank like Bear Stearns got sold for just $2 dollars/share when it was trading at $170 an year back? In 1 week, it went out of business.
This raises a bigger question-Will a Citibank follow in the footsteps of Bear Stearns? Things are moving fast and the risks are way too high! And if you think this is just “America’s problem”, didn’t you believe in the power of globalization?
Stay away and let this market find a bottom. Be ready to miss a few opportunities but don’t be adventurous with your money.
Of course those of you who invested in gold might be having some real good time!Enjoy the ride in gold and commodities like crude.
- SAGECAPITAL
