Editor: Vladimir Bajic | Tactical Investor
” The one year chart illustrates that all is well on the surface and that the process of flooding the markets with hot money, in general, is working rather well. The index could drop all the way down to 7200, and the short-term outlook would remain bullish. We are fully aware that this economic recovery is illusory, but complaining and whining about this does not provide one with any extra insights into the markets. We need to focus on what is really going on and how the masses interpret that data. The truth is irrelevant if only you are aware of it; if the masses think otherwise, what appears as the truth to you could, in fact, be viewed as a lie by the crowd. The truth can set you free, but in most cases it can be detrimental to your health and wealth; at least as far as the markets are concerned. ” BBC Global 30 Index Signals Dow industrial Index will trend higher
The Video below and the subsequent Article, state the market is treading in dangerous territory; this may or may not be true. What is true though is that since the Fed intervened and started propping the markets aggressively since 1987, every crash or correction has proven to be nothing but a buying opportunity. If you take this view, then you will do well, if you take the naysayers view, then you are doomed to repeat history. You will end up with nothing but a lot of hot air and move ten steps closer to the graveyard.