Wednesday, 18 December 2013

Fed up with FED

Today's heavy nervousness before the FOMC meeting was a real sign that there are no free markets anymore. Valuations don't matter, fundamentals don't matter and of course technicals don't matter. It is pointless to chart before Ben talks. We should all just sit on the sidelines on those days and wait for the storm to pass.

Tuesday, 17 December 2013

Indecisive equities

No comments :
Equities look indecisive and it seems there is a harsh battle between bulls and bears during this sideways move. The resolution can be expected in January considering the upcoming holidays.