Hi Everyone
The markets have been due a well needed rest and are taking a good smack right now.
While I’m very concerned about the repeated need for Quantitative Easing and its long term effects, in the short term I think we’ll recover from this leg down which will provide us with new entry points and bull flags in due course.
The OVI hasn’t responded in the way I’d expect for a major imminent downturn, so I’m thinking this will be a short sharp blip.
Medium to long term is where I have my big concerns – we’re talking sometime in the middle of next year.
More updates soon. Talking of which … next year I’ll be producing more regular video updates and commentaries for you as we launch our new Private Traders Club.
All the best
Guy