Good call Iso,
RE the Deflationary Scenario. US too big to fail so it's not too big to PUMP!
But, I am NOT too big to fail, or at least not too good to GOOF, ggg, the smaller retrace in the golds than I called for in my TA, where I anticipated a pull back to HUI 64, evidently was a goof. The fact remains that the lack of a substantial pullback here, where one was anticipated TA wise, should prove quite bullish, stair step style.
In Energy, this time I was to distracted to flee in time.
A foray of a few days into energy stocks has turned into a painful knife catching exercise. Most are incredible values, but that was in a pre TEOTWTCAWKI world, so will have to apply first aid to the positions for awhile to stem the blood flow.
I want to make sure I am there to catch them, whenever it happens, but
Value Babies get thrown out with the bath water too!
This market is a Mack Truck driven by a HazMat licensed Thuggee.
Best Regards,
Roebear |
