Even as rumors abound of a debt haircut deal between private investors and Greece, markets have started to correct from short and intermediate term overbought conditions. Many pundits have already started to talk of a major top and no doubt the current round of selling will spur more to jump aboard the bear bandwagon. While I tend to agree that a significant market peak is not far away, my current analysis leads me to conclude that the present decline is a minor episode and there is at…Continue
Added by Steven Vincent on January 29, 2012 at 11:30pm — No Comments
From time to time I release the full text of my BullBear Market Report to the general public. This edition from September 19, 2011 calls the subsequent moves in the major stock indices nearly exactly. From there we got a move to a lower low followed by a strong corrective rally that has caught most market participants off guard.
As investors once again hang on the monetary policy decisions made by the Federal Reserve Board,…Continue
Added by Steven Vincent on January 28, 2012 at 3:30pm — No Comments
Trading a true currency collapse is a rare opportunity. Most market participants are familiar with the story of George Soros and his ride to prominence on the back of the collapse of the British Pound. Is it possible that a similar opportunity may present itself soon in the form of a collapse of…Continue
Added by Steven Vincent on January 24, 2012 at 5:00pm — No Comments