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March 3, 2008

3-3-2008

Filed under: Stock Picks, Uncategorized — Jason @ 7:53 am

 

Energy, Cash, & Gold

Right now, my largest position is Cash with a little bit left in Gold. Since my last post, energy has been the big winner with the US markets still desperately searching for some momentum in either direction.

I missed the boat on the recent energy rally, but that and the US Dollar have really been the only markets with much volatility recently. One international ETF I will be keeping my eye on over the next week or so is the Taiwan ETF : EWT

Aside from some nice looking volume, it has finally broken out of its 4-month RSI range and I might be willing to take my chances on the next pullback depending on what the markets are looking like overall. It is really the only international market that has shown a preference one way or another recently.

Hopefully things will get interesting here soon, as its been a rather choppy three weeks.

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