


Dear Readers The National SOPITALIST Casino will soon be closed for today and the Wall Street ( WELFARE STATE ) will go to burbs to count money they screwed ordinary citizens out of. We have traded today, some of us for a very short term ( day?) and made money. Some of us on an intermediate term scale and these were all advised to keep investments to minimum 20% or so, as we can not be sure that this BEAR is not sneaking on us. INVESTORS were advised to up to 15% on very safe high yielding stocks. While most indicators are on the buy side,minues Put/Call ratios, YellowBrickRoad has not turned up yet and it has not been profitable to second guess YBR lately(: :)
Please view the GROUPTATION ( ASSET GROUP ROTATION , Thanks IVAN for update) link on the right to a better understand where we are. It looks to me like, GOLD/ENERGY are in good position to add to the gains, even as my original forecast still indicates that GOLD could wait with lows until 20 Dec. $US is running out of GAS here. As it is, it has registered a rally 1-1.5% bigger than I had initially forecast. Nevertheless Dollar has proven that it has what it takes to live up to my forecast of it being stronger next 18 months. Bonds will go down as stocks turn up. So what the the Stocks.
NOTE: When the blue summation oscillator starts to play game like this one is... "go to buy and not generate it" it does not spell good things for the market, cause it looks like market could be saving one more "big hit" on the downside, before it is ready to go up... But we shell have a watchful EYE on things
6 comments:
Boris,
good morning.
old john
Good Morning John,
Good Trading
Hi Boris and friends,
Agree with the Gold Stocks... HUI is at a very large divergent position right now compared to Gold prices... in the past, this has almost always lead to a correction to the HUI. Perhaps this Friday, taking positions in Gold stocks and stock ETFs might be a worth a serious look.
Good trading to all!
Dear Sang,
Thanks, Good Idea.
Good Trading
Hi Boris,
Here's the link to the Kitco article regarding the HUI being divergent, hence the buy signal...
Link to Kitco article
Dear Sang, very nice of you.
Thanks and Regards from all readers.
GOod Trading
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