I'm thinking about market sentiment-- and one of my favorites is the "Sprott Outrage" indicator ... whenever I see John Embry becoming unglued I know we have a strong buying opportunity (in his fund) regarding the PM sector ... Right now, I'm seeing Eric Sprott strongly defending his energy fund on both RobTV and through a series of articles that are being propagated through various channels on the internet.
dummies sell at market bottoms, and Sprott is now strongly defending his funds from redemptions
fwiw, bear markets don't normally run for much longer than 18 months
markets tend to move: 1/3 up 1/3 down 1/3 sideways
...and like I was saying-- sloppy trading for the next six months taking into account that the sector (XEG.TO) topped out about 9 months ago -- 15 months ago for the natural gas sector
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