Monday, June 6, 2011

The flipping world economy

The world economy is probably flipping.

My shorts are looking to stabilize for now. Let see how long before I eat crow.

The Indian markets will have to follow soon. The question is of timing. My dipping my feet in Indian market is yielding mixed results.

Sharp time sensitive investments yield immediate results. But the trend needs to follow. As I had mentioned earlier one can go long the dollar. But for now, it seems to be tanking again. What does that mean? It means I will once again have to attempt a perfect entry to go long dollar... 'assuming' that is the correct trade. And assumptions are the mother of all screw ups. And no I am not flipping this time!

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