This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
Hoffa Rev is wrong, that nobody saw 1987 crash coming. Marti Zweig was on Louis Rukeyser's show that friday night before, and called it. I was alarmed, so I put in orders to sell my mutual funds. The market crashed Monday, and my MFs settled near the lows after the close. That's when I mostly quit using MFs. WEC
"there are still currently 42 outstanding claims on every ounce of gold remaining in the fast-dwindling COMEX warehouse stocks thanks to the availability of paper gold in the form of futures contracts" KWN
Clearly a 1 - 2, i - ii, ii, ii, off the top.
ReplyDeleteHoffa Rev is wrong, that nobody saw 1987 crash coming. Marti Zweig was on Louis Rukeyser's show that friday night before, and called it. I was alarmed, so I put in orders to sell my mutual funds. The market crashed Monday, and my MFs settled near the lows after the close. That's when I mostly quit using MFs. WEC
ReplyDeleteI think he was saying no one saw the subsequent bullfest coming
DeleteHere is the first 10 minutes of Wall Street Week on October 16, 1987, Friday night.
ReplyDeletehttp://www.youtube.com/watch?v=2MyToTwag34
Marty at ~ 6:45 WEC
Rollin', rollin', rollin'
ReplyDeleteThough the streams are swollen
Keep them dogies rollin'
http://scharts.co/179TAA4
I might consider some comments at Daneric's, ... IF Wags is permanently GONE!
ReplyDeleteOther than that, the fray of the remaining smouldering carcarsases, does not justify my attention at this time.
GL Geno, GN, FoolsGold, (Golly!), the rest of the level headed and reliable posters.
Wile
Lol ! cant say I blame you :-)
DeleteGame Over!
ReplyDelete"there are still currently 42 outstanding claims on every ounce of gold remaining in the fast-dwindling COMEX warehouse stocks thanks to the availability of paper gold in the form of futures contracts" KWN