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Louise Yamada Remains Bearish On Mkt, Bullish On Gold

|Includes: DJI, GLD, IWM, QQQ, SPDR S&P 500 Trust ETF (SPY)

I have great respect for Louise. She's old-school, having been in the business "from the beginning," when technical analysis was looked down upon by most of the professional world (even believers "were in the closet"). The last time I saw her, about 10 years ago, and 25 years after the emergence of the PC, she was still dragging around hand-updated technical charts.

Disclosure: I am/we are short SPY.