Sunday, May 19, 2013

Indices Are Overbought, But They Will Be Pushed Even Higher

Permabears are long gold / silver and short equities (except AAPL, for some strange reason permabears love AAPL and are very long in it).  Big Money hates permabears and has decided to wipe them out by push equities higher while killing gold/silver and AAPL.   We should see a correction once Big Money has wiped out all premabears.  I think we are almost there.

Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.