"Lateral moves off a strong move higher get people very bearish almost instantaneously given the back and forth action which ultimately serves to ratchet up bearish sentiment and provide the short fuel for the next leg higher. Lateral moves make bears out of many previous bulls and make normal bears become super bears. The necessary energy needed to punch through resistance is being built up in our lateral bases which will need a trigger. A gap up/out would serve to yrap a lot of short interest. Sentiment in the options market is closer to 1.0 which is showing too much pessimism."
http://safehaven.com/article-15250.htm
Hey Birchtree fans. You better talk to your friend as he is on thin ice here. He has zero respect for this board or anyone on it. He is gone for another 2 days after blatantly reposting something that we edited because of bad taste. Shocker! If he doesn't stop the BS, he'll be gone for 30-days next, then a year. I'm so tired of babysitting his posts.
It's ironic birch, that you talk about certain portions of the population that can not control themselves, yet here you are again, banned because you can not control yourself in a public forum.
For those looking for his latest market insight - he is still bullish.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Ah, it's good to be home. My friends, ice fishing is not all it's made out to be. The secrete is to have good shelter and plenty of rum.
"The cult of non-participation revisited."
http://safehaven.com/article-15270.htm
Welcome back, Mr Tree!
THIS IS WHERE I WOULD PUT SOMETHING TO REPRESENT MY THINKING, BUT THEN THEY SHOW UP!
Tracker = Check my position
" The bears have been wrong the entire way up because they have lost focus on the technical analysis to some degree. Some have been calling every new high as the market top. Where they have failed during this market rally is that individual stocks have not reflected topping patterns or technical analysis that would support calling tops on the stock market."
http://safehaven.com/article-15284.htm
"Martin Armstrong's view of things moving forward, both stocks and gold will continue to power higher for some time, the former set to top in nominal terms sometime in 2012, and the later in 2016."
http://www.marketoracle.co.uk/Article15797.html
Welcome back Birch.
CB
“Most men and women will grow up to love their servitude and will never dream of revolution.” - Huxley’s Brave New World
"The near-delirious optimism that followed the 2008 presidential election has fizzled in less than 12 months. Obama is deliberately steering the economy into a double dip recession."
http://www.marketoracle.co.uk/Article15784.html
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