tag:blogger.com,1999:blog-2761684730989137546.post1625224454934363518..comments2024-03-29T07:30:30.121-04:00Comments on Mike Norman Economics: Dennis Gartman spews more useless informationmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-2761684730989137546.post-76394725980635090992012-05-30T20:02:44.858-04:002012-05-30T20:02:44.858-04:00Marshall Auerback reports at NEP:
http://newecono...Marshall Auerback reports at NEP:<br /><br />http://neweconomicperspectives.org/2012/05/another-one-bites-the-dust.html#more-2412<br /><br />These morons seem to be over their heads... perhaps keep waiting???<br /><br />Resp,Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-26988582563856362012-05-30T18:19:10.691-04:002012-05-30T18:19:10.691-04:00all it takes is an announcement from the EU/ECB to...all it takes is an announcement from the EU/ECB to send the market roaring, but there's no political will to do so- yet. As Mike has said before, I dont see the EU bureaucrats putting themselves out of a job by allowing the euro to disintegrate. It's all timing at this point.Joehttps://www.blogger.com/profile/06130159246198203762noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-25434465864412181722012-05-30T14:45:50.570-04:002012-05-30T14:45:50.570-04:00I'm buying in Spain now but very carefully (ad...I'm buying in Spain now but very carefully (adding small positions while it falls). I can see the IBEX going easily an additional 20% down from here to 2013.<br /><br />SPX is in pre-crash mode if it still plays around these levels next trading sessions. In any case, I pretty much doubt we are gonna see new highs (1360-70 at much, but levels have been lost, very difficult to get a bounce now).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-73140085483095692672012-05-30T13:50:02.810-04:002012-05-30T13:50:02.810-04:00I take it that "go to the sidelines" mea...I take it that "go to the sidelines" means increase portfolio liquidity (cash position) by decreasing the % of other holdings either for safety in anticipation of market opportunities that have in the making.<br /><br />:Going to the sidelines" makes sense in terms of single portfolios but not in aggregate because to close out a position someone else has to take it.Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-9494804587888214122012-05-30T13:45:27.216-04:002012-05-30T13:45:27.216-04:00The richest man in the world, Carlos Slim of Mexic...The richest man in the world, Carlos Slim of Mexico, is seeing "big opportunity" in Europe now. He's buying.mike normanhttps://www.blogger.com/profile/03296006882513340747noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-60382228409144068892012-05-30T13:38:51.255-04:002012-05-30T13:38:51.255-04:00This level of pessimism doesn't present itself...This level of pessimism doesn't present itself very often. I see so many things on sale that my heart races and I'm as giddy as a kid in a candy store. I wish the media hype machine would keep the fear going for another week or two, but I suspect these calls from Gartman and his ilk signal the end of the down trend is near.Ryan Harrishttps://www.blogger.com/profile/04815033054435303399noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-11080700190856075582012-05-30T13:38:34.508-04:002012-05-30T13:38:34.508-04:00I think DG is a typical futures trader, who are ei...I think DG is a typical futures trader, who are either long, short or "on the sidelines". Not to defend him. His fund certainly hasn't performed very well since inception (symbol HAG on the TSX).Geoffhttps://www.blogger.com/profile/06634433439796794973noreply@blogger.com