pete123

Investment Opportunities Are Knocking

>>From the three US indices to the nine aforementioned global macro lines, if we see them break sustainably, I will be prepared to move.

So the only thing that makes the author different from the monkeys is that he will bail at a different time? I do agree with him in that the best profit opportunities are when you catch the herd going the wrong way. But you can profit running with the herd too, either way the trick is to sense when the herd is about to change its mind :-)

U.S. Fiscal Train Wreck Underway

The added danger is that if MHFT's scenario comes to pass, and the US markets turn into a wild emerging-market-like roller-coaster ride, our creditors will have reason to cut their losses on dollar holdings and seek stability elsewhere. The natural American response to this, of course, is to destabilize that elsewhere. We still know how to do that :-/ .


On Jul 06 11:40 AM Edward Harrison wrote:

> That's good! Give me some Ambien too, we all are going to be needing some.
...
> The problem here is that this inflationary scenario leads straight
> back to the deflationary one

Clues to the Next Market Move

sancs-

"Finally we get a substantial sell off" ... i definitely agree that it's time, but one day isn't a trend. Could be just pre-holiday profit taking + reaction to the unemployment number. Plus maybe it's roll time for USO which knocked oil down some, though i'm not sure about that. I suspect the forces that be will resume holding up the stock market after the holiday weekend. [ i'm in cash, DUG, GLD, EEV. took a little profits on DUG today. ]

-pete