Still cash is king

We are dieing to get into the Brazilian market. But....we know that the time if not yet. We just saw some very serious drops this past week. It is getting interesting to get in.

Will keep you posted.

Cash is King

Once again we we have not been convinced to dip our toes in the water. As everyone knows, cash is a position.

For the time being we will keep the cash position going into the next week.

Nothing exciting or new.

Sectors

Although we very much like Latin America and Asia, we cannot forget about the natural resources. However as much as we like these sectors to be bullish on, we still cant find it attractive enough to pull the trigger.

We want to see much more pull back to get an entry. We know that whenever sectors have the run ups that we are witnessing, they do pull back.

Many will come out in open rebellion against these sectors once the pull back starts. that will be key to us getting on board once again.

Cash is a position and a position that would not be a bad p;ace to stay for the time being.