Thursday, May 26, 2011

RCL : Royal Carribean Cruises.

Major trend is down.
Prices remain below the 50 & 200 MA
Weekly EMA tested the MA20 and pulled away downwards.
Looking for prices to work itself lower
Amidst strong waves from the financial Mkt.

Money flow between Assets classes.
Are there better assets than equities ?
I think financial Mkt is like cash accounts nowadays.
Most liquid of assets.
Short of no other more liquid assets that generates a better return,
equities is the best place to be in.
However If there is another asset class that offers a better, safer return
Monies will flow out of equities.
It's kind of "safe haven"

However surplus monies are channeled to better pastures when one is found.
Like real tangible assets like Infrastructure, state businesses.
Countries Bonds.
Besides politicized money.

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