Eric50 Posted October 3, 2012 Share Posted October 3, 2012 Not sure what to make of this but it could be a very bearish sign and I'd be curious to get some comments on this board. thanks! Eric http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/10/2_Here_Are_Two_Incredibly_Frightening_Charts.html Link to comment Share on other sites More sharing options...
Parsad Posted October 3, 2012 Share Posted October 3, 2012 The charts look to me like they are contrary indicators if you look at historical net short and the actual results of the Dow. These guys are retarded! Markets are now fair-valued, but there are still pockets of cheap stocks. I'm not buying the market, and we still have a fair amount of cash. Just buy things that are really cheap and ignore all of the other crap and what anyone else is doing. Cheers! Link to comment Share on other sites More sharing options...
JEast Posted October 3, 2012 Share Posted October 3, 2012 Maybe not retarded, but must have been riding the short-bus for a year or two though :) Yes, still pockets of cheap stocks. Plus reading a quote from Irving Khan, "There is always something to do. You just need to look harder, be creative, and be a little flexible". Cheers JEast Link to comment Share on other sites More sharing options...
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