"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Thursday, May 27, 2010

Markets

As China kills the euro rumors (gee, I wonder who covered what yesterday?), Mobius proclaims bull still on in the emerging markets and Barton Biggs makes this Bloomberg headline:

Barton Biggs Says US Stock Markets Over Sold [duh], Set For Big Pop in Days

As these things come into the public consciousness, we are happily on our way to a reset of sentiment. That is all it is. At least for my money. Readers are of course free to read whatever they want into it, including new or continuing bull market.