Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Bulls, Bears, and Wolves

With Bulls and Bears, you know exactly where you stand. You either are one or you aren't. You are either a happy camper or you are not. Neither knows whether the other's camp was built on a radioactive waste dump until it is too late. 25-50% of either camp's members can be wiped out silently without realization of what is happening until its too late to CYA.

Wolves, on the other hand, will cull either one. They will follow, look for weakness and dine on either. The species is irrellevent. Just when you think it is safe to go to sleep, A Wolf could be at the door.

I contend that this is an Ideal market for Wolves. As the Bulls and Bears fight over turf, Wolves hunt in packs and feast on the weakest Bull or Bear, indiscriminately. Instead of picking where the Herd is going, look for the stragglers in either species.

We are in the Middle of a Turf War, Stocks which should be going down, are not and the opposite. Within each camp there are those that stand out. Gold has been vacillating but NXG has been building an excellent base, it won't take much to send it up to $2 or higher.

On the other hand, there are stocks which go up only because the Sector is going up. They are the weakest, when the direction changes, they will be the first under the Fang and Claw. They are not that hard to find. They will have gone up the least.

Charting and TA, there is a difference, will allow you to identify the stragglers. I use MACD, OBV and money flow. At Present, my time horizon is limited to 2, 3 and 6 months.

My current guestimate is that this move will be over within the next 2 weeks. Not this week, probably the middle of next week. I would not try to be early to the next party.

Be a Wolf.