Granville (is he still alive?) once said that one way to speculate was to do the opposite of what had been done the year before. Last year, September was a good month, contrary to its history. And just like last year, we've set expectations perfectly by having a repeat breakout to the upside here in the latter half of August.
Looks to me like a perfect setup for slaughtering some bulls. But I've been more wrong than right lately when I venture outside of my main interest in gold and gold stocks.
