Wednesday, January 12, 2011

New Year Hangover - Wake Up and Sell

Dear Subscribers,

Following the festive season we have reinitiated our blog - but have been watching the markets over the last week.

Record highs despite weaker than expected US employment data, worsening debt situation in Europe and Asian inflation..... !

We are firmly of the view that the markets will get back to reality very soon and recommend selling index futures as there is a short term over bought bubble developing in most markets.

For disclosure purposes we are currently shorting the UK FTSE and US Dow futures.

Now that we're back in mode we will try and broaden the range of updates we provide along with share tips and fundamental analysis going foward.

Happy Trading.

Dre Markets

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