kalinm. I also hope for top cause I can't believe stocks are
going up forever and gold is going to the woodshred. But
wait for two more days and INDU closes at a new high and the
divergence has vanished...
I find it strange that they are still sticking with the same
winners, vs. rotating into some of the laggards (industrials and
AAPL). And to call those stocks "winners" is a bit of an
exaggeration -- this market is being led by solar stocks, home
builders, banks, RIMM, rare earth, etc. Those have been DOGS
for the entire 4 year span of this bull market -- until this past
month.
Transports haven't really been ran up all year... so there is
really not a lot of tax selling on Transports... While
Gold has ... so I think there is a lot of Tax selling going
on in the metals. Get ready to buy...
Matt's buddy George Soro's is buying GDX
kalinm. I also hope for
Transports vs. industrials -- local divergence on top of VERY big divergence
Posted by zwyss on 20th of Dec 2012 at 02:21 pm
kalinm. I also hope for top cause I can't believe stocks are going up forever and gold is going to the woodshred. But wait for two more days and INDU closes at a new high and the divergence has vanished...
I find it strange that
Posted by kalinm on 20th of Dec 2012 at 02:28 pm
I find it strange that they are still sticking with the same winners, vs. rotating into some of the laggards (industrials and AAPL). And to call those stocks "winners" is a bit of an exaggeration -- this market is being led by solar stocks, home builders, banks, RIMM, rare earth, etc. Those have been DOGS for the entire 4 year span of this bull market -- until this past month.
I think the difference is....
Posted by zach06 on 20th of Dec 2012 at 02:34 pm
Transports haven't really been ran up all year... so there is really not a lot of tax selling on Transports... While Gold has ... so I think there is a lot of Tax selling going on in the metals. Get ready to buy... Matt's buddy George Soro's is buying GDX
opportunity knocks GLD/GDXJ/SLV
Posted by hazbin1 on 20th of Dec 2012 at 02:35 pm
my favored scenario is a replication of y/e 2011, buying the 12/31/12 dip!