Bearish Sentiment in the Gold, Stock and Commodity Markets [View article]
I think the reason that sentiment has held up on this downturn is because the downturn is an expected reaction to a breakout which has happened on several levels , and in no way (as yet) indicates that a trend change back to down has occurred.
This would indicate a calm "holding" or "waiting to enter at support" scenario ,
Rather than frenetic fear and boot shaking.
This article should maybe have been held off until various supports have broken ,these events then lending creedence to its premises.
As well , while "highly sophisticated professionals and economists" explain to us that bonds and the dollar
are being "managed" ,
I forgot to listen to those complete morons and
instead see trillions avalanching into the red ,
And wonder how the forests still have any lumber left.
So I wont micro analyze too much , and will hold long unless supports give way on the (almost) only investment that has held up as all the "good ones" have tanked.
Bearish Sentiment in the Gold, Stock and Commodity Markets [View article]
This would indicate a calm "holding" or "waiting to enter at support" scenario ,
Rather than frenetic fear and boot shaking.
This article should maybe have been held off until various supports have broken ,these events then lending creedence to its premises.
As well , while "highly sophisticated professionals and economists" explain to us that bonds and the dollar
are being "managed" ,
I forgot to listen to those complete morons and
instead see trillions avalanching into the red ,
And wonder how the forests still have any lumber left.
So I wont micro analyze too much , and will hold long unless supports give way on the (almost) only investment that has held up as all the "good ones" have tanked.