THIS IS A MARKET THAT CAN'T GO DOWN...BUT CAN'T REALLY GO UP EITHER... WE HAD THOSE IN THE 90'S...
THIS MARKET WILL JUST CHURN FOR THE REST OF THE SUMMER...
REMEMBER FOR MARKET PROS..CHURN IS GOOD ENOUGH...BECAUSE THEY DON'T HOLD STOCKS OVER NIGHT...
OF COURSE IT DOES GO DOWN...AND IT GOES DOWN BIG... AND ANY REBOUND IS WITH CHEAPER DOLLARS...AS GOLD AND HARD ASSETS DEVALUE THE DOLLAR...
THIS MARKET WILL HAVE A "CRASH EVENT"...BUT ITS IMPOSSIBLE TO SAY EXACTLY WHEN.... MY HUNCH IS THAT IT WILL BE IN 2013.... THERE IS JUST TOO MUCH MACRO RISK BEING IGNORED...
YOU CAN IGNORE MACRO RISKS FOR A LONG TIME...BUT NOT FOREVER...
THIS MARKET WILL JUST CHURN FOR THE REST OF THE SUMMER...
REMEMBER FOR MARKET PROS..CHURN IS GOOD ENOUGH...BECAUSE THEY DON'T HOLD STOCKS OVER NIGHT...
OF COURSE IT DOES GO DOWN...AND IT GOES DOWN BIG... AND ANY REBOUND IS WITH CHEAPER DOLLARS...AS GOLD AND HARD ASSETS DEVALUE THE DOLLAR...
THIS MARKET WILL HAVE A "CRASH EVENT"...BUT ITS IMPOSSIBLE TO SAY EXACTLY WHEN.... MY HUNCH IS THAT IT WILL BE IN 2013.... THERE IS JUST TOO MUCH MACRO RISK BEING IGNORED...
YOU CAN IGNORE MACRO RISKS FOR A LONG TIME...BUT NOT FOREVER...
