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General Market Commentary
There once was a man walking his dog from Fifth Avenue to Grand Central Station. The dog, on a leash, darted this way and that way. The overall trend of the man and his dog was a 3 mile per hour straight line to Grand Central. The media though focused on the dog and his erratic directions trying to figure out where the man was going. All they had to do is look at the long term trend of his 3 miles an hour walk to Grand Central to see where he was going. The dog%27s movements were noise. So we try here to watch the man, not the dog.
I want to point one item out very clearly. These charts are not predicting anything. They are REACTIVE. The philosophy is that the Trend Continues Until It Doesn%27t. So when I say don%27t buy oil or oil stocks, I%27m not predicting anything. I%27m simply saying oil is falling and I will invest that way until the DGR tells me to change. So I am reacting to the change in the DGR and not predicting WHEN it might change.
What do the charts say now. Own stocks, not bonds, gold, silver, or commodities. It also says silver, platinum and gold coins all continue to fall in price. It also tells you oil is going down.
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