Hi NS, how's the weather and have they moved the van filled with gold, or is the cam still fixed on it? Been just overwhelmed by Blondies post to me, and am too tired for the TA tonight, but liked your last posts. The bagholders still don't know they're holding it, just slowed down paying into it. Now the redemptions will start. First a trickle then a flood and all they'll be able to do is match sales with redemptions, there won't be much room to move from sales to buys in uptrending sectors. The managers love to sell into the rallies while crying buy, buy buy, but perhaps this time they're really trapped. But as Bobcor said, I could be wrong. And as I said to Blondie, nobody listens to me anyway so don't you either. Sad to say though that a good conservative long term investment now is sell IBM short. Capitulation, washout, squeegee the sleaze, call it what you will, if it doesn't happen we can't move forward and the worst would be to drag it out like Japan.
Regards
Bob
Had to check, busy little square tonight.
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