Tuesday Sept 10 2024
After an up day in most indexes today was a mixed bag. As we are early in the bear market, I am monitoring the bear funds. The standout is Dorsey Wright DWSH
When stocks were up Monday so was this bear fund, my conclusion is that Monday rally had very narrow breadth. Then on a mixed bag day this fundwas up 1.19 %. I still expect the counter trend move will last a while as in two to three days longer, Positions can be added on any rally of bull stock indexes.
No movement in silver today to speak of.
The blog is picking up more views and I am grateful, will do more daily posts. The vast majority of investors have no idea the market has topped. There is a great deal of money to be made in bear funds, stocks fall l7x faster than they rise.
Comments