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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: TH who wrote (158192)10/17/2008 5:34:59 PM
From: Box-By-The-Riviera™Read Replies (1) | Respond to of 306849
 
contrarian. when people start jumping out of windows over gold, you start thinking about buying them <ng>



To: TH who wrote (158192)10/17/2008 5:36:02 PM
From: patron_anejo_por_favorRead Replies (6) | Respond to of 306849
 
I don't expect general equity weakness over the next few months. I think the Wave III bottom is in more or less, with a wave v of 3 still possible but less likely. I think we're in or will soon be in a tradeable wave 4, and that miners (especially juniors) have hit long term bottoms.

The TED spread narrowing is a big deal. It means blood is getting to the muscle for the first time in a long time. The weak dollar is part of the same phenomenon, as are hedgies finally being blown up enough that money flows can return. I expect a lot of volatility until the elections, but gradually diminishing. All FWIW, and IMHO.