Caution Ahead – Sep 29th

Posted by Bob Loukas
On September 29, 2012

The natural expectation from most followers of Gold is simple, the FED is printing, debasing, the dollar is doomed, Gold should rally ASAP. The blitzkrieg of media predicting new highs for this year is now off the charts. Every Gold and forum site is pretty bullish on the coming move; in general few people think there is much to fear here.

Posted by Bob Loukas
On September 26, 2012

So the miners are firmly back inside their upward Investor Cycle trend-line, in the end no technical damage has been done. All of the speculators who feared they were being left behind and added late were again punished for their impatience. (See the new page “Conscious Investing” in the University Section) It’s never any different, any asset that stretches to that point will always suffer a mean reversal, the only exception being a parabola, which of course can run much further and faster than you could imagine.

Posted by Bob Loukas
On September 22, 2012

Now yes I know it was iPhone 5 launch day, but seriously, who cares! Are you trying to tell me that Apple is more important that all three of those indices that you need to show its real time price in larger graphic? If that doesn’t scream bubble top coming then I don’t know what does.

Posted by Bob Loukas
On September 19, 2012

I wouldn’t dare touch equities in the LWP purely because that secular play and opportunity is well and truly gone. But from the Investor Cycle standpoint, there may be an opportunity to go long into a 4 Year Cycle Top here.

Posted by Bob Loukas
On September 15, 2012

This speculative move beyond the prior highs would see equities near the 1,600 level, a height that will seem ridiculously outrageous once the true picture of the fundamentals is made clear. The FED would have succeeded in driving another speculative bubble to heights that will not be supported or sustainable under any given amount of new or promised QE. It’s at that point the stretched 4 Year Cycle

Posted by Bob Loukas
On September 12, 2012

An array of technical indicators and sentiment confirm this fact, and as the market has rallied almost solely on QE expectations. To say that tomorrow’s meeting is important is one of the biggest understatements of the year. The Bernanke Put card has been called; they now need to deliver to keep this party going.

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Caution Ahead – Sep 29th

Midweek Market Update – Sep 26th

Apple to Infinity – Sep 22nd

Midweek Market Update – Sep 19th

Bubbles, Bubbles Everywhere – Sep 15th

Bernanke has been called – Midweek Update Sep 12th

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