Waouah, this was a week.
Monday Obama revealed extra stimulus... Market greet him with a "Thumbs Up"... 2 days...
Mid week, the Market was nervous about the Job report of Friday...
Friday, All seemed to be said... and priced in...
Off course, Europe and its Greece saga was also in the eye of the investors...
I personally found some great deal inside.. even I admit, I'd prefer to see what's next...
We arrive at great support for some stocks like the gold miners. & for this I set a Buy to "GDX" ETF.
Also, I re-inforced my position in Tompson Creek, a Molybdenum play with great potential.. It's in a range of 10&15 now...
I was stopped out on DAC (a greek shipping company)...
And if you wanna play the "South American" matket, I really suggest to add on "BRF" (Domestic Brazilian ETF).. There is some upside potential there... certainly around the 40 level...
If you don't feel well investing in this correction, then I'd suggest you wait till your "dream" stock is closing again above "for example" it's 10 days Moving Average...
Good luck to all & don't hesitate to post a comment.
Joel, live from Taipei, ready for some paragliding in Saichia...southern Taiwan...
