Thing was I thought the idea of what you call the age of turmoil
portfolio, partly inspired by Jim Puplava on financialsense.com,
was to be NEGATIVELY correlated the SPX, not fall with it, but now
I'm realizing that at least for now, the 'crazy' thing is when they
get to selling, they sell anything and everything that you don't
eat or put in your car. Maybe that stuff's next?
So now the commodity stocks are capitulating more than the SPX
ones, and to hell with the fundamentals. No supply relief is here
as it should in a 5th wave bubble, but hey, it looks a fifth wave
on the charts & the telly says it's bubble! Who says it
shouldn't be crazy?
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AOT stocks & SPX
Posted by kreem on 3rd of Jul 2008 at 11:00 am
Hey, thanks for you perspective.
Thing was I thought the idea of what you call the age of turmoil portfolio, partly inspired by Jim Puplava on financialsense.com, was to be NEGATIVELY correlated the SPX, not fall with it, but now I'm realizing that at least for now, the 'crazy' thing is when they get to selling, they sell anything and everything that you don't eat or put in your car. Maybe that stuff's next?
So now the commodity stocks are capitulating more than the SPX ones, and to hell with the fundamentals. No supply relief is here as it should in a 5th wave bubble, but hey, it looks a fifth wave on the charts & the telly says it's bubble! Who says it shouldn't be crazy?