Rolling Around at the Halfway Point
We know what we are looking for as a sign of a bottom. Now a dose of patience in waiting for it to trigger is all that is required. The “Flash Crash” scenario that so many investors are looking for could be an indication that this next phase may be slower and more painful than most expect, only a few get to buy the bottom.
Update at 1020AM CDT…todays market action is a real confirmation to what we said earlier today, everthing is going up together; oil, gold, & stocks; plus the dollar / gold relationship holds. The market has not come to grips with reality yet.