Wednesday, January 27, 2010

Back From Out There Too

Sorry about the break in continuity folks.  Sooner or later I had to make the move out of the blogging wasteland, and this week was it.  On top of that I fell ill briefly.  The markets are directionless at the moment, but I fear the worst.  I'm at least 75% in cash while I wait for a trend to develop but I fear it will be down.  The stock market has been disconnected from the real economy this past year, and it can't go on forever.  As a believer in technical analysis, the charts don't look good.  Thank Buddha for those inverse ETF's!