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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (46772)2/18/2006 8:53:32 PM
From: regli  Respond to of 116555
 
I wouldn't describe him as "wildly" bullish. But bullish nonetheless. I think he capitulated once his early sell of the PMs went against him. He wasn't "on the air" for about a month from mid December to mid January when the big run up in gold happened. He had to find another horse and it was Tech and big cap DOW. <g>

To be fair, some of his arguments are similar to Noland's and Coxe's in that liquidity is still very high and therefore will sustain another big rally. However, he is eagerly awaiting gold at $475.



To: mishedlo who wrote (46772)2/18/2006 9:07:24 PM
From: RealMuLan  Read Replies (1) | Respond to of 116555
 
Mish, at least some people said already sold their houses bought for investment purpose. So where are they going to park their money? Don't tell me that they are going to buy US Treasury or put it in CD with only 4-5% return a year<g>

My bet is plenty of those money might go into the stock market<g>


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