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Non-Tech : The Woodshed

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To: daveinmarinca who wrote (54257)8/28/2016 10:42:15 AM
From: SwampDogg2 Recommendations

Recommended By
baystock
benwood

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well fortunately his calls are less accurate than a coin flip
perhaps by some magnitude

there was froth in the market a few weeks ago and it is working its way off
sure there could be another leg down 10%-20% depending on the company
but we are close enough IMO that people that did not own may look at buying
and people that took profits can do the same

all of the pundits including the one you mention missed most if not all of the last move

Oil and energy stocks look to be about 6 months ahead of the gold market
It may be oils turn first to move higher with gold not moving until end of 2016 or early 2017

Best thing for miners would be a relatively boring 6 months

One might also start to see the good ones separate from the garbage
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