Fiscal Cliff

There is no sign that politicians will fix the fiscal cliff. I can see higher tax in the future.

I will dump all defense companies if I have any and all high dividend stocks.

I'm accumulating cash as the market even it is rising now does not look rosy except before the first quarter, 2013. Corporate profits cannot be improved as the consumers do not consume and the corporates do not expand. Very seldom we have a rising market with rising taxes. U.S., EU, China and countries rich in commodities are all inter connected and are suffering.

There will be more blogs as I do not spend a lot of time looking what stocks to buy. Will spend more time to refine some of my strategies especially why I bought those big losers.