Triple-bearish on emerging markets ETF……….this is a pretty impressive breakout.
As I indicated in my last post, I have decided to switch to 1st Gear in my own portfolio, taking on very little risk. Between the Euro and QE3, I really demand that these items move out of the way before I get seriously exposed again. (Side note: if the market goes straight to hell, you can expect to hear no small amount of whining from me). But, seriously, risk management is a big part of the equation, and I have cranked it way, way down.
For those at the opposite end of the spectrum, there always remains this chart…..