March is Gonna Be Big
60 minutes did a hit piece on China last night. They’ve must’ve collaborated with Muddy Waters for the material.
Futures are lower and the American economy is on the cusp of ending, or suffering from a 0.5% annual drawdown thanks to sequestration.
Do we really care?
Come on. You people make me sick already, timing tops and running away from bottoms.
Retail and restaurants, R n R you pikers–remember that.
I am sure all of the experts will be “cashing out” tomorrow, following an early morning gap lower. I flick my cigar ashes in your general direction and hold the course.
We’re buyers of stocks in March. I don’t see the global push for higher stock prices ending because the librarians from 60 minutes said so.
To hedge, I am keeping my CCL and AG shorts and may initiate new ones in the basic material space.
12 Responses to March is Gonna Be Big
Looking to get long NUGT very soon. Dont’ see this going below 5. Huge push to 6. Mean same thing with GDX, AG, NEM, etc etc
Reply
Good luck with that.
Reply
March and April are usually bad months for PMs.
Unless you are using some sort of accurate mean reversion tool to time your buys, you are shooting in the dark.
PMs are in bear mode.
Reply
+1
Reply
HL this morning is a sign of things to come…
Reply
WTF is a PM? Portfolio manager, primary metal, post mortem, prime minister? Repeat of 2011 going on IMO. Look at the chart
Reply
Precious metal you putz
Reply
+1 lol
Reply
pre menstrual
Reply
Oh precious metal. Whatever, this time its personal.
Reply
*it’s
Reply
{Trout slap to the face}
Reply