Ahhhhh, feel very refreshed after a long weekend at the ski slope. How is everybody doing?!
I'm happy the futures are up strong not so much for the effect it will have on EXOU (minimal if any) but for the sentiment of the market in general. You see, I was in the camp that AMerica would see a severe recession stemming from the credit crisis and whatnot. I was expecting a long and protracted negative to low growth period in which large and mid capd would outperform the small caps (EXOU). That is the only thing that's tempered my interest in investing in companies like exousia (although I have an investment here). Just because a company has a product & growth potential, it may not be recognized in a long protracted broad market slog down.
The good news is, while the US economy is not great and probably close to zero growth, the market is not behaving inn a way that would suggest a prolonged bear market. If this is all the pain we get, and we're definitely not out of the woods, then I think we'll be just fine. I feel much better about market conditions than I did 3 months ago. It might be time to add to the holdings again.
Just my 2 cents.
Bonne Chance.
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