Wednesday, December 19, 2012

Sensitive to news

Not very stable right now

Right now things don't appear to be very stable or predictable.  For that reason most investors will probably be happiest on the sideline until the end of the year.  Sure, you may miss a move higher but you may also miss a huge sell off.

My favorite Elliot Wave blogger seems to think there are up to three possible outcomes for the next little while.  I think he's pretty smart, so the indecisiveness associated with his analysis makes me want to sit everything out for a bit longer.  I still have my bearish option position, but it is just a speculation play to keep me excited about things.

Today's Scores:

TSP / 401k / Roth gameplan:  Safety


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