10-11-2011, 10:39 AM
Im getting really close to selling the TNA and moving to TZA. Currently up 33%. I think if TZA hits 40, Ill trigger.
It seems to me that there are only 3 surprises that the markets are waiting for.
1. A Jobs bill being passed (everyone has already priced in the fact that it isnt going to happen).
- I think this is a no show no go and its priced in. If it did pass, the market would rally.
2. Strong or weak earnings with positive or negative outlook (starts this week).
- My gut is that companies are going to have good earnings, but provide static to low outlook / expeditions moving forward.
3. Euro trash drama, specifically the Slovak vote later this week.
- Who the hell knows. Gut feelings is it will pass, but the German and french people are not happy.
SO Short term, I think we have more of the same. But at some point, perhaps this quarter, it will start to move to the positive towards 12k dow and above.
It seems to me that there are only 3 surprises that the markets are waiting for.
1. A Jobs bill being passed (everyone has already priced in the fact that it isnt going to happen).
- I think this is a no show no go and its priced in. If it did pass, the market would rally.
2. Strong or weak earnings with positive or negative outlook (starts this week).
- My gut is that companies are going to have good earnings, but provide static to low outlook / expeditions moving forward.
3. Euro trash drama, specifically the Slovak vote later this week.
- Who the hell knows. Gut feelings is it will pass, but the German and french people are not happy.
SO Short term, I think we have more of the same. But at some point, perhaps this quarter, it will start to move to the positive towards 12k dow and above.
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
![[Image: maull2.gif]](http://bengtel.com/maull2.gif)
"If you want to change the world, be that change."
--Gandhi