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I am revisiting the question “is it too late to enter the market?”, as there are so many investors constantly asking this question. They look at the juicy profits achieved over the last few months and ask is there room for more. I believe the short answer is yes but that does not mean you go out and splurge tomorrow.
I have stayed long Australian stocks and whilst I sold my US bull call spreads I am having a bob each way as I still hold US bear put spreads.
Whether you trade the Australian Dollar or are live in the country you cannot help but have some exposure to our currency.
Well what a week. The challenge for the Newsletter Editorial this week was where to start as there was just so much to write about – we started the week with media reports from the Dubai G7 meeting which really only highlighted some on-going, festering world currency issues.
You might ask why are we inflicted with such uncertainty all of a sudden. Life was going along swimmingly then all of a sudden we are questioning the road we have been travelling as road blocks such as currency turmoil, oil production cuts, new concerns about world growth etc. etc. are put in our way.