IPIX dipped again to 67....
I bought more today at 68. have a full position now.
When will it begin a bounce from this station at 70 ?
I am wondering now.
not yet nervous, but don't want to see it hanging in the 60's. It needs to start climbing the steps to make some effort to hit 90. or shorts will get courage to sell 70 -75,with greater conviction.
I remember CTIX sliding sideways for very long periods like this. weeks into months.
Chuck, what do you think of the Market indexes, the Bonds,rate increases, the rising stock market ,record highs continue,from money shifting out of bonds into the S+P, etc.... do you watch that stuff? any thoughts on gold and silver ? I think money will shift into the Stocks but not gold and silver. though with the currency crisis happening investors should add gold and silver , but the price will continue to be suppressed. That's been my forecast all 2017 since it peaked in February/March. but so many analysts are watching the bond market and USDollar falling, and the global geopolitics of change setting up now, they think the end game has finally arrived. I' see that as possible too, but I think the Cartel has a few more Slam down hammers left to play for a while.but... I could be very wrong about that.
