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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (90788)10/23/2009 3:10:25 PM
From: fred woodall  Read Replies (3) | Respond to of 94695
 
Up. Market tops do not end with price action like we are witnessing with AMZN. Besides we haven’t had any kind of a real sell off since the first of July and it is relatively clear the economy isn’t rebounding. If I was up 35% and hedged short-term I wouldn’t sell because of the dollar and sure wouldn’t flip out of equities to buy metals unless there was something technically telling me to do so. It is simply risk/reward with the market saying there is no concern for valuations.
Of course I might point out the obvious. This is a bear talking here.