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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Kayaker who wrote (112920)11/1/2008 7:25:43 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 206176
 
LOL 78% cash here.. mostly good yield..

Kevin... has good ideas at times but is a dogma dude too often... His tune rarely changes..

I think you are correct on Roubini... The market WILL turn and he will be left behind then..



To: Kayaker who wrote (112920)11/4/2008 7:15:44 AM
From: Rarebird  Read Replies (1) | Respond to of 206176
 
<<I have no idea if we just passed the bottom, or we're in a bear market rally that will fade to the lows or lower. Wish I knew.>>

It would actually be better for the long term trend for the market to plunge to a new low out of the triangle this month (or next) because that would put a full stop on this leg down. A bear market rally only delays the pain - and certainly won't make many long term traders happy due to its brevity.


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