Wednesday, March 23, 2011

Are you quaking in your boots?

The recent natural disaster in Japan was the catalyst for the correction that was due.

It created a nice opportunity to buy stock at more reasonable levels. It looks like the relief rally is over and volatility is more subdued for the moment.

We are still in a strong bull market and we expect the market to test the highs again.

There are rumours of Portugal needing a bailout thus igniting the embers of the European debt crisis again.

We'll probably see some volatility which will create enough trading opportunities. So don't use too much leverage since opportunities will be aplenty.

Safe trading

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