no…I was in cash, after getting out of Canadian real-estate investments…had some minimal RRSPs (401K), but I watched it go down closely…Made a lot in 2009, early 2010 in biotech stocks (my specialty), but was early this fall, lost put premiums…However, I always keep a lot of cash on the sideline…so I can play again…was on the sidelines good part of Nov, Dec….
I love gold and oil action this morning…both on a steep slope down, $BDI as well…very telling
$1300 avg, GOLD prices divided by fib 38 = 34.2, silvers next high. something to think about. it’s probably bs, or not. fibs are half bs, and half they are correct!
This is a seriously good resource, a page in my blog devoted entirely to Euro Debt of various durations, Bond, Euro Bonds. I would say perception of risk is very apparent.
hi MS,
I guess you lost your shirt too in a March tank one time.
I keep trying to explain the March 8th tank to everyone at Red’s site—I’ve been thru 2 of them—THEY HURT! I’m prepared this time, and will try to lend my expertise to this site, if we Hit another one of these in March.
Right now, we’re in the setting up stages for THAT TANK! day by day, the evidence gets stronger.
I challenge that sound byte.
http://blogs.hbr.org/cs/2008/05/the_baby_boomer_retirement_fal.html
this post was a reply to zstock7…
no…I was in cash, after getting out of Canadian real-estate investments…had some minimal RRSPs (401K), but I watched it go down closely…Made a lot in 2009, early 2010 in biotech stocks (my specialty), but was early this fall, lost put premiums…However, I always keep a lot of cash on the sideline…so I can play again…was on the sidelines good part of Nov, Dec….
I love gold and oil action this morning…both on a steep slope down, $BDI as well…very telling
$1300 avg, GOLD prices divided by fib 38 = 34.2, silvers next high. something to think about. it’s probably bs, or not. fibs are half bs, and half they are correct!
Uhh, that has to be the TOP speaking right there. Yup, it was.
Hi Red…love your blog although you have to know now that the FED will NEVER let the market go down again…EVER. It won’t happen.
Approximately 78 million baby boomers retiring with in the next few years.
There will be a lot of selling going on when these people withdraw from their 401k plans.
This is a seriously good resource, a page in my blog devoted entirely to Euro Debt of various durations, Bond, Euro Bonds. I would say perception of risk is very apparent.
http://oahutrading.blogspot.com/p/euro-bond-charts.html
hi MS,
I guess you lost your shirt too in a March tank one time.
I keep trying to explain the March 8th tank to everyone at Red’s site—I’ve been thru 2 of them—THEY HURT! I’m prepared this time, and will try to lend my expertise to this site, if we Hit another one of these in March.
Right now, we’re in the setting up stages for THAT TANK! day by day, the evidence gets stronger.
Red,
One last thing…check out the RSI both daily and weekly, hell even monthly. When is the last time the RSI was as high as it is now?