The smart money are now buying the market before the most profitable next 2 months start.
Sentiment: Strong Buy
Sideline money....... too funny!
Sidelines money was waiting to see if 120-year highs were going to hold so that they could buy
OIL and GOLD/SILVER?
Sorry, gold/silver is at 5000-year highs.
No wonder so many people lose money.
They buy when it's time to sell,
and sell when it's time to buy.
Of course, Wall Street NEVER sells (they don't need the money) -
they are still hoping for a repeat of Nasdaq 5000 -
which last happened in 12 years ago.
Too bad, hundreds and hundreds of companies are no longer around.
Let me know when US$ hits another DOUBLE TOP -
then I will be buying
GOLD and SILVER, of course.
What did you think?
I don't buy US techs that will disappear
due to strong US$.