Our letter last week in gold was singularly well timed. And illustrates a valuable lesson. Don't wait around. Something bad might happen. Traders would now be justified in being short…
The purpose of weeks like last week is to inspire hope in investors who are clinging to their stocks. An old Wall Street nostrum has it that the market climbs…
The market is attempting a zeta wave here, but we don't believe it. We don't think the gamma (C) wave achieved its objective. The reason for this is simple: Barron's: …
The markets are unfolding as we foresaw in our last letter. Occasionally we keep our mouths shut in order not to spoil the illusion of infallibility, also, when there is…
Assuming that the purpose of the market (the market always has a purpose) was to nauseate everyone and make them want to throw up, the purpose has been achieved. Bungee…
