In a structural bear market the primary trend is DOWN-Japan,China,Nasdaq,Dow,SnP,US Financials,Autos,Housebuilders,
Retailors,Monoline Insurers,Real Estate-etc etc.
Only CNBC and other fools cheer the updays!
Bear market over when there is no such thing as Jim Cramer and "Mad Money"-although the latter seems appropriate in the circumstances!
The primary bull market is now in gold and silver,very doubtful that Oil can double again from here in less than a year,or be up 10 times in another decade!
Enjoy the holiday and count your blessings! |
