Whipsaws

It's become choppy in the last few days. I am posting my trades on Twitter. So far I am in black thanks to nimble shifts in the outlook as the markets whipsawed.

Admittedly there is confusion because of contradicting economic data, credit crisis still looming large and general lack of consumer confidence. However it is important to differentiate the triggers for short term trading from the indicators that shape the longer term macro economic views. To that end, Dr Brett has written a pithy but wonderful post. Check it out.