Just hoping if someone could kindly fill me in on what good ol' Arch said during his CNBC appearance on Thursday (6/19)...
I forgot to watch
I forgot to watch
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Anyone see Arch Crawford on CNBC...
- Thread starter TraderD007
- Start date
no but I know what he would say, two words july top
http://elitetrader.com/vb/showthread.php?s=&postid=268051&highlight=nkhoi+bradley#post268051
http://elitetrader.com/vb/showthread.php?s=&postid=268051&highlight=nkhoi+bradley#post268051
From my fuzzy recollection it went something like this:
The beginning of the decline in the real estate market was earlier this month. It will be most noticeable near its completion in two years.
Heâs reducing his 200% (margin) long position to 100% long and will go to cash July 7, 2003. Apparently he wants to capture the end / beginning month fund buying as well as the holiday buying.
July 7th will mark the top of a large wave B and the large wave C will result in a devastating crash (into 2006-2007 ?).
He recommends selling gold.
Itâs all in the stars. Weâve all been looking at the wrong charts.:eek:
The beginning of the decline in the real estate market was earlier this month. It will be most noticeable near its completion in two years.
Heâs reducing his 200% (margin) long position to 100% long and will go to cash July 7, 2003. Apparently he wants to capture the end / beginning month fund buying as well as the holiday buying.
July 7th will mark the top of a large wave B and the large wave C will result in a devastating crash (into 2006-2007 ?).
He recommends selling gold.
Itâs all in the stars. Weâve all been looking at the wrong charts.:eek:
Quote from Hugh G Recshun:
From my fuzzy recollection it went something like this:
July 7th will mark the top of a large wave B and the large wave C will result in a devastating crash (into 2006-2007 ?).
He recommends selling gold.
Itâs all in the stars. Weâve all been looking at the wrong charts.:eek:
A crash in equities and gold? Interesting...
I'll opine that his opinion, and mine too, are worth exactly what you paid for them.