Sunday, November 6, 2011

Nov. 6/2011 Market Update

Despite the Greece crisis our outlook for the markets for the next few days is buy everything, sell the dollar.No major change from our Nov.4/2011 update, Short term cycles are still pointing upwards in risky assets. Anything against the dollar should be profitable for the next few days. Every risk asset is a buy, we prefer the British pound over the Euro, as the trend seems to be stronger. The Dow Jones, Nasdaq, and, S&P500 are as well in a buy mode. We will update if there is any change that may occur.

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