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UCS Market update

I did not post yesterday because it seemed like business as usual. Markets are expected to rise today according to a before-the-bell report listed on the WSJ online.

However, the major indexes that represent most aspects of the markets are still trading very tightly. Hardly any buyers; again it seems like there is this shifting of money around- from one account to another. It's funny that when you have a lot of time on your hands that that is the time when you notice things that you may not have noticed before, such as the net assets of many ETFs. They are not increasing! This could be a problem or maybe not.

On another note, I still have not answered the question of 'What to buy- foreign or domestic', from my previous posts on Wednesday June, 24th. I will try to make another attempt to provide some clues today.

7/1/2009 9:15 AM
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