Archive for May 2010

Downside Adjustment on Track

There is nothing new to add today.  The S&P has had its bounce as have most other stocks including Goldman Sachs. Oil has gained about 15 percent on gold since our trade this week and if we were not fully…Continue Reading →

Falling Gold is Key

The next upward phase of the stock market off of the March 2009 lows will be marked by a much different complexion than the reflation, everything rallies move,  that has been seen over the past 14 months.  You pick the…Continue Reading →

It is not about Being Bearish

It is about protecting yourself in a time when buying momentum stocks with the crowd will get you in trouble.  While I do personally advocate a contrarian approach which involves varying degrees of shorting at times of overvaluation, the importand…Continue Reading →