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Re: Citrati post# 9936

Tuesday, 08/18/2020 8:45:32 PM

Tuesday, August 18, 2020 8:45:32 PM

Post# of 11444
The Buffett push comes at a toppy zone

exactly what they do to get new bag holders to jump in at the wrong time, .have we seen this trick how many times...
I'll wait for the next pullback down, whenever it comes.

So many times, back when I had many newsletter subscriptions, you could see when these rags would recommend a stock...it was ALWAYS at a time after a big rally was exhausted, in a finished wave 4 or wave 5,and ready to come down. They know the rally is tired, so they issue their buy signal to try and keep it pumped up,and to give the smart money a chance to get out.

In a new Trump Market era, I wouldnt be surprised to see Gold continue higher, but the hype is a warning sign in my view. We saw the metals and miners already start the pullback last week or so.
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