As I said today, this is not a good time to deploy long term capital. Yes for short term bear rallies, you can deploy very strategically and bail out with profits or small losses but for longer term account, patience pays at this junction.
You want VIX to come down to 25 levels and cross below its 150 day MA. If you go back and study most of the rallies have started when VIX crossed its 150 day MA.
So patience is the name of the game. We will soon have our way..
You want VIX to come down to 25 levels and cross below its 150 day MA. If you go back and study most of the rallies have started when VIX crossed its 150 day MA.
So patience is the name of the game. We will soon have our way..
0 comments:
Post a Comment