- - - - - The above is a reply to the following message:
Re: For you DE,,,,,,,,,,,,,,,,Thanksgiving Tally: Lunatics And Hacks Win As Gold Up 19.3% YTD; S&P Down 7.5%
By: Decomposed in
ROUND Thu, 24 Nov 11 8:28 PM
Appropriately posted on a day when the Dow fell 236 (2.05 percent) and Gold fell $5.60 (0.33 percent).
Even when gold falls, it is a relief to have.
BTW, I put half of my 401(k) back into equities at COB Wednesday. On a risk/reward basis, I'm now short-term bullish on equities.
It won't take too much of a bounce before I'll exit again. My long-term bearish outlook for the Dow continues. I think it's heading somewhere south of 10,000... maybe even 9,000.
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