Just last January, markets started off 2006 with a nuce bang (close to 5% boost in first month) but that was following up a slow December 2005. You are probably right in stating that following a reasonable December return, yeah January hasn’t been too kind to markets.
You talked about going long in Feb. Do you have any short positions or positions you have taken partial profits, considering that market is stuck in ranges for about a month now? I think market will be stuck till end of January in ranges and will then follow a sharp up or down movement. I am also looking for signals right now. There are some signals about end of commodities movement.
