Oh yeah, by the way, buy stocks on that decision ! As I have oft said, books are going to be written about this period marvelling at our outright selfishness, unbound greed, economic ignorance and overall abject stupidity. We all know what we would have done leading into the top of the market in 1929 with hindsight now. I believe we are in just such a place again, what are you doing about it?
The chart of the EEM (above) looks ready to roll over. A break of the 133 level looks like an appropriate level to watch for. I have been playing this via the ultashort emerging market ticker EEV. The corresponding break out of the EEV would be $83.40. I intend to get long a 2nd unit of the EEV on a move thru $83.40
Good speculating to you all.
Long 6 units Currencyshares Japanese Yen ticker FXY @ $88.55 stop at $91.40
Long 1 unit Ultrashort China25 ticker FXP @ $84.55 stop at $84.85
Long 4 units Ultrashort Dow 30 ticker DXD @ $58.00 stop at $53.10
Long 2 units Ultrashort Real Estate ticker SRS @ $92.85 stop at $89.65
Long 2 units Ultrashort Financials ticker SKF @ $102.20 stop at $98.70
Long 1 units Ultrashort Emerging Mkts ticker EEV @ $83.3 stop at $79.45
Short 3 units of Deutsche Bank ticker DB @ $117.15 stop at $119.40
Short 2 units Citigroup ticker C @ $23.45 stop at $25.40
Short 2 units AGCO ticker AG @ $61.00 stop at $62.75
Short 2 untis Daimler AG ticker DAI @ $86.20 stop at $88.05