Originally Posted by
coolhand
It's frustrating for those who are playing it safe. NAAIM backed off their bullishness some last week because they apparently were not completely comfortable with being overly leveraged on the long side. The Hindenburg Omen's have been known to be precursors to sell-offs, but we know they are not 100% accurate.
There are plenty of reasons to be on the sidelines (as am I). But I have exposure to precious metal too (real money), so I am prepared when things eventually go South.
I wish I could pinpoint how long that would take. I watched a Lynette Zang interview today where one of the viewers sent in a question on that very thing, and she said she had no way of knowing. She also said to look for her next interview on the SGT Report where she was going to reveal something big. She didn't hint at what it was, but I"ll be looking for it over the next week or so. I enjoy her perspective.
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