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Sorry, real estate is a classic super bubble. Are we richer? The purchasing power of my $ is declining rapidly. Why do you think the smart money is buying gold lately??

Greenspan is the most irresponsible Fed chief ever. See what happened to the $ since 2001 as he lowered interest rate 13 times in a row in order to prevent a sagging stock market. What he has achieved is a weak currency and a rediculous overvalued and dangerous stock market -which he knows it is...

Hi, I have posted it several times in the past; gold tells you that: a.) the $ is worthless b.) the Government stories are lies c.) the economy is dangerously weak d.) the stock market is heavily overvalued and extremely risky e.) a collapse in people's confidence is imminent...

Thank God they can't manipulate the price of oil!

Hi BVM88, Thanks for your great explanations. I hope many of our fellow Elitetraders will read it! It's to bad that 99.99% of the U.S population still believes the government is working in their favour. If they only would do some study -for example read your post- they possibly would...

Of course! Everyone knows that Friday is Dream Day. Or can you remember any report which was bad in the last 5 years?

Hello! Isn't their anybody who can answer my question? c.q. learn me trivial economics? Thank you all in advance!

If the economy is as strong as the government statistics want you to believe, why than is the $ in a strong long term bear trend? I don't grasp it. Do you? Or should I ask Kudlow?

You are right; it has worked in an environment where you could be sure that Easy All would bail you out if things went wrong. But the "easy" markets of the last few years are over now!

invaliduser, Hope doesn't count in the markets. Oil & Gold are in a strong uptrend. 100$ for oil isn't far away. In the end the FED will be punished for their stupid politics, I HOPE!

Great! Can you tell me please if that's enough evidence to take a few long positions tomorrow?

hi, Just tell me what you traded today; I am always willing to learn of course!

Do you want God to bless idiots or liars?

US markets are the most manipulated in the world!! FED minutes released just in time. And they say no need for more rate hikes; no inflation! Blah, blah, blah!! --> gold & oil tells you the true story today. What you got today was a short covering rally, nothing else.

If that's true it tell's you something about the intelligence of the average investor -the masses!- who is putting his money in the hands of (an) idiot(s). Still nothing learned from 2001??? Anyway, shorting will be fun the coming year!

coolweb, I prefer to short when the market is bearish, not bullish. Your technique is o.k. if you like to swim against the market tide and try to make a few points on a lucky short-trade. However, if the market is bearish you should short the leaders on the downside and give them some room to...

mikecronan, There is too much confidence in the markets yet to short stocks like SNDK, which in my opnion is still a leader. I shorted RIMM on November 23 and even that wasn't profitable!

Yes, and it was even smarter to invest in a stock with a truly severe downtrend; or wasn't it???? Excellent, you stupid professors!!

Opinion of an old fashioned trader: AS GOES GM SO GOES THE MARKET And don't overlook the very "nice" divergence with the New Highs-New Lows. Reminds me of those 'goldy locks days' of august/september 1987.

If you want the best long term investment than buy GOLD. Ideal entry point: around 480$