Friday, 11 November 2011

Time for some short term gain

So things are finally taking some direction in the Eurozone.  Greece swears in a new prime minister and Italy looks agrees to take those austerity measures (a fancy term for budget cuts) that have been on the table for a while.  Silvio Berlusconi looks as if he will finally relinquish power of Italy too (not a sure bet, but we can hope).  The problems have not disappeared, but hope that they will start to get fixed has been renewed, at least temporarily.  After weeks of negative sentiment, it's time to be positive about the markets again next week.  Some stocks have taken a knock over the past few weeks and it's time to go bargain hunting and make a quick buck by picking up some cheap stocks as the market is set for a very short but very definite run.

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