Comments on: Life During Wartime:LOST DECADE in STOCKSWhat’s to Be Done? http://newcombat.net/Conversation/2009/08/11/stocks-across-the-lost-decade/ Life during wartime Sat, 24 Jul 2010 18:27:08 +0000 hourly 1 http://wordpress.org/?v=3.0 By: ed http://newcombat.net/Conversation/2009/08/11/stocks-across-the-lost-decade/comment-page-1/#comment-27528 ed Wed, 23 Sep 2009 15:05:09 +0000 http://newcombat.net/Conversation/?p=1416#comment-27528 A follow up here. Sold half the gold holding, day before the FOMC meeting, sensing that the dollar will tip up from its sorely depressed state as a result of slight changes to the Fedspeak. Had been looking for a reason to go to some cash because the gold chart was starting to look weak and toppy, and the dollar's descent too depressed not to correct a bit with the somewhat positive local transient economic news of past weeks. No long or medium term vision at work here. Just reacting to extreme charts and the local news. Best guess: a year from now the current optimism will be gone and we'll be clearly mired in deflationary mud. Hope I'm wrong. A follow up here.

Sold half the gold holding, day before the FOMC meeting, sensing that the dollar will tip up from its sorely depressed state as a result of slight changes to the Fedspeak.

Had been looking for a reason to go to some cash because the gold chart was starting to look weak and toppy, and the dollar’s descent too depressed not to correct a bit with the somewhat positive local transient economic news of past weeks.

No long or medium term vision at work here. Just reacting to extreme charts and the local news.

Best guess: a year from now the current optimism will be gone and we’ll be clearly mired in deflationary mud. Hope I’m wrong.

]]> By: ed http://newcombat.net/Conversation/2009/08/11/stocks-across-the-lost-decade/comment-page-1/#comment-27485 ed Tue, 22 Sep 2009 01:20:43 +0000 http://newcombat.net/Conversation/?p=1416#comment-27485 Well, gold has done well since the main post above. The dollar did indeed sink to the 76 level on the DXY. Dollar bulls are now roaring that it's Up up up from here. 72 on the DXY still looks like unfinished business, however. Well, gold has done well since the main post above. The dollar did indeed sink to the 76 level on the DXY. Dollar bulls are now roaring that it’s Up up up from here.

72 on the DXY still looks like unfinished business, however.

]]> By: ed http://newcombat.net/Conversation/2009/08/11/stocks-across-the-lost-decade/comment-page-1/#comment-27483 ed Tue, 22 Sep 2009 01:07:39 +0000 http://newcombat.net/Conversation/?p=1416#comment-27483 For a vision of the Doomsday Scenario, check out the <a target="_blank" href="http://www.hussmanfunds.com/wmc/wmc090921.htm" rel="nofollow">four charts in this piece</a> by a respected fund manager. For a vision of the Doomsday Scenario, check out the four charts in this piece by a respected fund manager.

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