Contrarian market commentary and economic postings.
Monday, January 07, 2013
ALCOA IN THE COAL MINE
This is VERY bearish action on this valuable industrial metal.
3 comments:
Anonymous
said...
It hasn't the hurt the market at all. That is most important thing, keeping the market up. America cannot afford to have a down market so it will be kept aloft. So just go with it.
It's OK to just go with it, but will you know when to get out? or get more defensive?
Over a VERY long term, you will be fine, but throughout market history there have been 10-16 year periods of decline and underperformance,a SECULAR BEAR MKT, that is what we are still in IMHO>
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3 comments:
It hasn't the hurt the market at all. That is most important thing, keeping the market up. America cannot afford to have a down market so it will be kept aloft. So just go with it.
Is there anything you are not bearish on? Jeez.
It's OK to just go with it, but will you know when to get out? or get more defensive?
Over a VERY long term, you will be fine, but throughout market history there have been 10-16 year periods of decline and underperformance,a SECULAR BEAR MKT, that is what we are still in IMHO>
How's AAPL doing?
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