After nine days of rally the European indexes opened in negative territory this morning. Asia made also made correction tonight after the disappointing U.S. labor market report. The report provided an unclear outlook about the US economy recovery. Fears of the Fed removing its QE program resulted the drop. The sharpest correction was in Shanghai Composite -1.25%.
I have a historical chart below about the S&P500. Since 1997 seems clearly why was better being on the long side. All in all this is a bull market since that time, included the Credit Crunch period 2007-2009. You could make more money on the long side than sell the market. Most of the traders want to sell the bull markets. Sometimes it works sometimes since 2007 you should be very lucky making money on the short side.
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The BFM Assets Team.
Take a look at our Swiss fund and begin to invest with us!
The BFM Assets Team.
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