Hello everybody,
There is still much uncertainty as to where the markets are heading. There is much to say for up, and as many arguments for down. So our recommendation remains to stay on the sidelines for now, until there is a clearer picture on the horizon, and wait till the current tensions and discrepancies, both technical and fundamental, have been resolved. By the way, I have noticed that more and more experts give the same advice to their audiences. If people who own stock (and that's more than half of the population of the US) listen and do accordingly, it would mean that more and more people will choose to wait out this period, meaning more selling, meaning dropping prices. Well, it seems logical enough. And I will tell you in secret: one component of our ELP Program is already short. But another one, the one that follows the trend, is still long. So as a result, we are neutral for now, and recommend the same to you. Unless there is a big move in any which direction, in which case we will tell you what to do: just watch our signals here. And remember: ELP is at its best in down years!
Good luck to you, your families and friends,
ELP team
There is still much uncertainty as to where the markets are heading. There is much to say for up, and as many arguments for down. So our recommendation remains to stay on the sidelines for now, until there is a clearer picture on the horizon, and wait till the current tensions and discrepancies, both technical and fundamental, have been resolved. By the way, I have noticed that more and more experts give the same advice to their audiences. If people who own stock (and that's more than half of the population of the US) listen and do accordingly, it would mean that more and more people will choose to wait out this period, meaning more selling, meaning dropping prices. Well, it seems logical enough. And I will tell you in secret: one component of our ELP Program is already short. But another one, the one that follows the trend, is still long. So as a result, we are neutral for now, and recommend the same to you. Unless there is a big move in any which direction, in which case we will tell you what to do: just watch our signals here. And remember: ELP is at its best in down years!
Good luck to you, your families and friends,
ELP team
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