Wednesday Outlook: Commodities, Emerging Markets
<< Return to page 1 - Bunning Throws Heat
The markets are oversold. In an environment like this they can stay that way longer than most expect. It is a bear market but rallies, sometimes breathtaking, happen as well. So, if you’re not short already, you would be taking chances initiating fresh positions here. There will be plenty of pundits trying to get you to bottom pick their offerings. Be very careful in that regard.
I think Senator Bunning acquitted himself well today and Bernanke’s silence was telling. Bush made a horrible presentation today but public speaking has never been his strong suit. I didn’t listen to Paulson & Co.
Have a pleasant day.
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This article has 13 comments:
Chartspam. Overkills whatever point you were trying to make that I skipped.
By the way, have you heard from ProShares on the mechanics of how they do the double short?
Bush always sounds like he is reading a speech that someone else was supposed to deliver. I have never heard anyone I believed less. Does the guy really have any convictions of his own? Why does he bother?
We have had some foolish governments over the years, but this one is populated with a rare breed of incompetents. God help us
Listen folks, just BUY GOLD AND SILVER, take PHYSICAL POSSESSION of those assets, and sit tight and wait. You will be in the catbird seat...like me! May God bless us all!