Hi jims-been trying to piece together Jay Chen's DUEED followed by GUDDEED-rather prescient so far
Dollar Up Everything Else Down followed by
Gold Up Dollar Down Everything Else Down
The script now makes sense
<So, I now wait for DUEED to turn into GUDDEED, and see if the calling leads to destiny.
Why GUDDEED? because economic recover is not and employment gain is a poisonous mirage. Housing, debt, deficits, tax-taking, genuine and well paid employment ... will determine the trend, and the trend will likely be GUDDEED>
Message 20106867
<The Dollar Up Everything Else Down ("DUEED") interim script is a theory, but one with merit and so I am taking it seriously. After all, the USD is the least favored asset class right now, like gold was in 1999, and equity was in 1982, at least for a moment, but perhaps a crucial moment.
When a leveraged fund blows up, it only hurts for a moment, and in trying to save themselves, the funds may all run for the same exit at the same time, and reach for the same exit handle, USD cash, at the same crucial moment.
I am comfortable with the idea that the USD will continue to droop after perking up, but the perk could be as ferocious as was the Nasdaq perk last year.
signed, equally perplexed, concerned, alert, perhaps foolishly, out on money rock, next to freedom mountain>
Message 19903883
<and on Gold bear secular markets
"The most chilling set-back began from the peak at $200 on January 1, 1975, the day that gold again became legal for Americans to own. It terminated a year and a half later in the summer of 1976, when gold bottomed at $103.It was a grueling, nerve-wrenching period, but it was followed by gold’s march to its ultimate $875 peak in February, 1980">
siliconinvestor.com
The question is when does one go to the other. For I change I hope to watch and wait. And as usual I rely a lot on my friends. (even if I had the skills to do detailed technical analysis, I just don't have the time) |
