Go to the Amazon.com link below for TIMING THE MARKET by Deborah Weir (Wiley, 2005).
Email: DebWeir@WealthStrategies.bz
Take her class at the NY Institute of Finance: nyif.com/courses/fimk_1014.html.
Friday, June 02, 2006
There is a lot of pessimism in this market for an economy that is basically strong. The Put/Call ratio over 1.00 and the declining VIX point to better days ahead.
2 comments:
Anonymous
said...
I agree: with the VIX and P/C ratio so high and this yield curve, we should be looking to buy or hold equities better than to sell them. But I wonder if it would be better to take adventage of the lower prices after May sell-off (around 10% fall in European markets)or to wait till the summer and the hurricane season is over and the investors have settle down a bit. What do you think?
I agree that this is a hard time to buy stocks - especially with a new Fed Chm.! If we wait until hurricane season is over, however, that takes us into November; and 5 months is a very long time in this market! The commercial paper yield curve is slightly negative from 1-14 days. That's as long as I'd wait. More on today's blog.
2 comments:
I agree: with the VIX and P/C ratio so high and this yield curve, we should be looking to buy or hold equities better than to sell them. But I wonder if it would be better to take adventage of the lower prices after May sell-off (around 10% fall in European markets)or to wait till the summer and the hurricane season is over and the investors have settle down a bit. What do you think?
Thanks and regards.
M.
Dear M.
I agree that this is a hard time to buy stocks - especially with a new Fed Chm.! If we wait until hurricane season is over, however, that takes us into November; and 5 months is a very long time in this market! The commercial paper yield curve is slightly negative from 1-14 days. That's as long as I'd wait. More on today's blog.
Thanks for your excellent analysis!
Best,
Deborah
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