Yes, I know, I’ve been absent.. Sorry about that. Had a few things going on such as getting laid off (Yes, it’s a good thing, wanted to leave anyway), and the Options University Live Mastery classes started (very consuming, very intense).
So, anyway, this market has really been a shift for me because as long as I’ve been interested in the markets things have for the most part been pretty strong. But, from everything I’m hearing we are in a bear market. There may be rallies here and there but between the credit crisis, housing disaster, and falling dollar — it’s a bear market. Let’s just face it.
However, there are bull markets in mining, agriculture, oil, and just about every currency except the dollar. Talking about the dollar gets into forex pairs, so I won’t go there… but the point is that the dollar is very weak.
Gold:
I think mining in general is pretty strong, but gold is seriously going through the roof!
gold
Agriculture:
Can anyone say Potash? It’s at an all time high and this thing doesn’t look like it’s going to stop.
Oil:
And then we have oil which has broken through $100 a barrel — yikes!
March 10, 2010 at 4:43 am
Bull markets are always good to follow. Shame that I am late o this one.