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Strategies & Market Trends : Natural Resource Stocks

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To: Roebear who wrote (7562)2/11/2004 11:39:52 AM
From: austrieconomist  Read Replies (3) of 108840
 
"Guru" U.S. markets update. 83% bullish/17% bearish. I do not view this as a contrarian indicator. These gentlemen have public track records over 20 years each (Russell over 46) and call 'em both ways. The current alignment on the U.S. markets: Russell (-), Stack (+), Sullivan (+), Hussman (+), Lowry's (+), Ned Davis Research (+). I think too close to a top to be long, but still would not go short here. Preserve your capital, make selected resource plays (where the U.S. money supply shows up -- that and housing but housing is too late and dangerous to play IMO).
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