InvestorsHub Logo
Followers 30
Posts 8840
Boards Moderated 0
Alias Born 12/15/2004

Re: scstocks post# 7645

Thursday, 09/13/2012 8:55:23 PM

Thursday, September 13, 2012 8:55:23 PM

Post# of 19856
scstocks: Too soon to go short. The S&P will take out 1500 before the big crash starts...so that the market succeeds in sucking in the last of the sheeple with any money they have left to invest. Bank deposits are paying virtually nothing, gas is going to pass $4.00 a gallon on its way to $5.00 a gallon before too long. My commodity ETF's still have room to advance....GDXJ, PBR, SLX, KOL, XME etc. I expect a little pull back periodically, but all those Bernanke bucks will make their way into the markets somewhere. The commodity ETF's I have been advocating have now noticeably outperformed the overall market, but were doing so under the radar. Momentum players and hedge funds are now jumping in, which I can see by analyzing trading volumes. When the wider investment community finally jumps on the bandwagon we could see some parabolic moves, especially in the precious metals. When Gold passes $2000 an ounce Joe Sixpack investor will feel compelled to finally buy in to gold and silver. When the S&P hits 1500 and the media touts that achievement the 401K investors will capitulate and exit their bond funds (at a loss) and switch to equities (to lose another 50-65%). It is all falling into place on its own schedule. Do you realize that Bernanke's index finger, the one he uses to create "money" on his keyboard, is now 25% of the USA's GDP? He's monetizing half of our current account defecit. This is not going to end well at all. But it's too early to short. Let the market digest this Bernanke sugar high and run itself up....there will be plenty of money to be made with HDGE fairly soon.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.