Replies to post #80146 on Innovation Pharmaceuticals Inc (IPIX)

[sox040713]

BH, reading your post is like reading a paid subscription. But you are much better than the so-called analysts out there. Much appreciated!

[joseytheoutlawwales]

Bio, that was in my opinion the single best post I've ever read on ihub.

Strong work.

And I'm in complete agreement (with exception of now being oil-heavy with buying sprees on the decline in so many solid names) as to "Mr Market" continuing to surprise me, and overall act less than rationally, IMO, in the face of overwhelming evidence to the economic contrary.

[TheMonolith]

That was indeed a great post. I agree with your views, including CTIX's ability to counter against. Wouldn't be immune at times, but I wouldn't rule out an uptrend staying intact during any major market correction/decline.

Besides inverse strategies, and maybe bonds, any ideas on where to put money? :-) Maybe nowhere to run with deflation. Feel free to PM me if too off topic. TIA

[scgmck1]

Great post and market insight BH. Your posts are always a must read for anyone on this board, and while I find them insightful, I am not in total agreement with them either. Common sense reminds me that a payback for the Fed's intrusion, and the length of this bull run will happen at some point, several things usually preclude a major correction (20%+) which don't appear currently. Fuel pricing is not expected to increase substantially for the next 6 months, in fact, it is widely expected to continue to decrease through the 1st quarter or 2015. Corporate balance sheets have never looked better. Share buy backs and productivity gains have served equity holders well during this bull run. What catalyst would reverse these trends? If demand were to increase, this market continues to gallop into the summer and beyond.
As long as interest rates stay low or increase slightly, and fuel prices are static, we continue to make money in the market.
Your call on the pullback and bounce in Sept/Oct was on the money, and I was in total agreement at that time. One thing is for sure, It's going to be interesting. I agree that CTIX will be a nice hedge against any major market decline, given the news we expect, and it is my largest holding at present.
GO CTIX and go Gam...ah, never mind. We'll get 'em next year!!

[frrol]

Agree with your assessment of general equity prices, and your CTIX investment thesis is same as mine.

[noretreat]

Sitting largely in cash has been getting boring, but I find it tough to justify an even larger investment in CTIX or a couple other similar plays...so I've recently bought some real estate instead. The other thing I'm doing this winter is more aggressively seeking out the hidden gems...I expect I'll find a couple more.

The chart is looking pretty good here, btw.

[TheDane]

I agree with lots of this, especially the easy money driven stock/asset bubble. But keep this in mind...

You said.."...Which leads me to be really nervous about 2015 (for the general market...)..."

You've been nervous for the general market for most of 2014! Many others have been as well, including me. Who knows when the willow breaks. Looks like 18,000 DjIA is nigh upon us. Might go to 20k before a major correction, or it might have mini corrections on the way.

Nobody knows precisely when it will end even if everyone knows it can't last forever.