Msg. 41760 of 45651 (This msg. is a reply to
41758 by
Decomposed)
Jump:
Mark sounds a little over zealous DE, Sounds like a cheerleader for this scam of a market......IMHO
DOW 9000 would be a good bottom, then we could start a REAL RECOVERY IMHO again LOL
We both know nothing makes sense with this market. Algos move it at will in whatever direction they need for a given day.
What a battle today.
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
I will say this for certain: GOLD's correction is over.
I think it was only yesterday that clo was posting reasons why gold was useless. (Yes, I'm still reading FFFT, though the forum sure has gotten dull. I think that's to be expected whenever TPTB steps in to smother dissent.)
Obviously, gold should be bought. Clo hasn't made a decent call since FORD, and even that's way down from the days when we were tracking it.
June 5, 2012, 12:02 a.m. EDT
Correction close to being over
Commentary: Pessimism at levels not seen in nearly two years
By Mark Hulbert, MarketWatch
CHAPEL HILL, N.C. (MarketWatch) — A tradeable low is close at hand.
That is the conclusion reached by contrarian analysis, given that some sentiment measures are now showing more doom and gloom than in close to two years.
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