Tuesday Outlook: Y2K Head Fake Redux? [View article]
syruppy......it's just a pattern I see. But one must also remember that many dot.com companies were proven worthless just like a lot of mortgage securities that are the root of the current problem. Then there's real estate which isn't worthless......just worth less.
Jack, if you look at the weekly chart posted you'll note how many times we've seen this pattern during the decline. Think of it as a series of steps lower which I've posted before. Fundamentally, I don't know what's to like about the euro vs the dollar at these levels but let's face it the dollar may be losing its reserve currency status.
Robert,
When eroded by current inflation the yield on IEF is negative.
Friday's Outlook: Stick a Fork in Mr. Market [View article]
The last thing Mr. Market is is irrational. Now as to investors that's a different story.
Let's put it this way Global View; the bullish bias is alive and well on the street. Those predicting recession, etc are a distinct minority since most analysts work for food as in "conflicted".
Friday's Outlook: Stick a Fork in Mr. Market [View article]
I don't write the headlines here. A rally wouldn't be a surprise but how long lasting it would be is another thing. Bear market rallies can be powerful.
I understand your views. We're involved with SLV and GLD in addition to CEF. CEF is more attractive to retail based on low individual share price. While this seems obtuse it's just more convenient for smaller investors to own both metals and control more shares. It's difficult for many to buy SLV @ $140 or GLD @ $64 hence the appeal. The premium can reach silly levels when enthusiasm is high. Note that IFN [India Fund] reached premiums of 35% [currently 5%] in the spring and TRF [Russia Fund] 45% during the same period. Rather than scoff at those, our role is to know when to be in them or not.
As I said, I fully understand and respect your views.
Friday Outlook: Resumed Stability? [View article]
Friday Outlook: Resumed Stability? [View article]
And, who knows when the next uptrend will be? Maybe we'll go south first.
Thursday Outlook: No Inflation? Who Knew?! [View article]
Actually I like IGM best when long of the major tech indexes. But, for most, going with and where the volume is may work best.
Wednesday Outlook: The Bad News Is the Good News [View article]
Tuesday Outlook: Y2K Head Fake Redux? [View article]
Tuesday Outlook: Déjà vu All Over Again [View article]
Thursday Outlook: Range-Bound Trading [View article]
www.ibdeditorials.com/...
Friday Outlook: Crisis Half Over? [View article]
Friday Outlook: Two-Way Volatility Continues [View article]
Robert,
When eroded by current inflation the yield on IEF is negative.
Friday's Outlook: Stick a Fork in Mr. Market [View article]
Let's put it this way Global View; the bullish bias is alive and well on the street. Those predicting recession, etc are a distinct minority since most analysts work for food as in "conflicted".
Friday's Outlook: Stick a Fork in Mr. Market [View article]
David Fry's Daily Market Outlook [View article]
As I said, I fully understand and respect your views.
David Fry's Daily Market Outlook [View article]