Interesting idea from Gary Savage
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Nonsense. I’ve been saying a move to 1705 followed by a bubble phase. The move to 1705 was aborted yesterday. You have me confused with someone else.
2 freaking days ago:
Gary thinks we could see another leg down then the final bubble stage in the conventional markets
Leg down = up 16 S&P handles since it was posted?
We do have memories around here.
Seriously, did you not understand what I said in the interview and in my comment?
“The move to 1705 was aborted yesterday.”
I even warned in yesterday’s interview that the Fed may have aborted the final drop. Today’s action is suggesting I was correct and the intermediate decline had been terminated prematurely.
Does a softshoe come with that comment? So you basically flip flop in the space of 12 hours for a leg down call. Wow, can I get a job with you? I would be fired for that.
China is the dumb money. They fall for every money making scheme going. They gamble, smoke and drink to excess and just sit around talking about quick rich schemes with each other.
Usually there is a sensational phase at the end of a bull market, the runner could be just catching his breath, but there won’t be any gold medals to hand out at the finish line. DT
It’s nice to be able use excuses like moves are aborted when you are just plain wrong.
You flip flop
You go with the direction as it unfolds
You change your mind and then use manipulation and aborted cycles to cover yourself
Stop it already
Ditto. Not even going to bother listening to his anymore. It just pissed me off thinking we are stupid.
I guess Rick, Doc and Chris are flip flopping also as they all had lower targets for stocks?
I’m the only one who has been calling for a major turn in the stock market and warned yesterday that it may have occurred.
This is your forum – I am not here to discuss the merits of others.
Anyone could warn of anything.
You are simply entertainment value for me anyway, but others may actually put stock in what you say.
You are complaining about being entertained? Good grief. If you don’t like what Gary says then turn the channel. I for one listen to his advise along with others and consider it quite valuable.
I don’t think the Dow will make back above the 15,800-15,900 area. If it does, 16,000 will probably be it. I think the most we might see from the Nasdaq is about 4,800.
On gold, it’s nice to find out that Ross Clark is also not certain that gold has bottomed but thinks, as I do, that the miners have.
Al or anyone else for that matter
most of last year there was a lot of talk, posts and speculation that a lot of junior minors risked be listed and going OOB. For a long list of various reasons.
Can we get some follow up on exactly what the numbers have been on OOB or de-listed companies since the beginning of 2013.
And maybe an update on this same subject.
Al did a great show with John Kaiser not long ago where he noted that potential delisting of as many as five or six hundred juniors had not yet materialized to the extent that many believed was inevitable. John’s specialty is focus on Juniors and bargains in the mine sector and he keeps tabs on hundreds of companies as part of the Bottomfish report. He is probably one of the best frequent guests to comment on the state of mining, health of companies and more specifically the Canadian sector. Plus the guy is just great to listen to. Anyway, all the way back in December of 2012 he had published numbers showing that 632 Junior Explorers were in a position of having less than 200,000 dollars of working capital. It really shocked some people because gold was looking dismal. Here is the link.
The Kaiser Bottomfish Report – December 2012
I think Tony is aware of that, that’s why he’d like a followup. There still has been nowhere near 5-600 delistings.
Perhaps you would like to respond directly to Tony rather than read his mind.
You only have to read his post, not his mind, to see that he is probably aware of Kaiser’s analysis.
You are correct. An update on what happened to all these companies. And why no mass de-listings??
Gary is a technition and does not make choices based on theory or gut feelings. His perspective is important to all of us as it helps to complete the picture or the puzzel we all are viewning. I say keep him coming.
and for a good laugh….jpm conquers the cftc…..
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The smart money in PMs are the commercials, which is why I wish you guys would comment on the COTs reports as they are made available.
How about my theory that the Fed will continue to reduce QE to punish the countries that were bashing us to get our finacial house in order? Because they are the ones that are being whacked.
Sounds like Gary is making an excuse. Just a couple days ago it was the market was going to implode. LOL!!!!!!!