Markets are dealing with lot of positives from proper injection of funds to C to Barak Obama announcing his complete economic team of ALL STARS......
Obama is using words which ensures CONFIDENCE like saying he wants to JOLT the economy with STIMULUS & Job creation programs......he is pushing URGENCY & READINESS on DAY 1 of his administration.....
Looks like WEAKNESS needs to be BOUGHT.....
I added another ETF HJU.TO which is for Emerging markets Double bull....My cost $3.12 which was bought @ 84.82% discount from HIGH......
My portfolio is HOU.TO,HXU.TO,HQU.TO & HJU.TO...all double bull ETF.....
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi All,
Nice little rally off low. No real reason to buy here. Confidence rally only, bargain hunting, no economic good news. We may get stuck in a trading range waiting for things to turn around. IMHO
Best Regards
Hi Standards,
Yes....you could be right on the money!!!
We will see how the close is today...
Saleem
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