"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

Tuesday, July 3, 2012

Housing Index targets higher

This one was noted in NFTRH194, not because I am interested in it, but just because it is one of several markets that is anything but bearish.  In fact, rarely have I seen so many bearish assumptions being made vs. the state of charts (at support to downright bullish) as over the last couple weeks.

The would-be suck in the so-called dumb money may yet work after all.  When they go over bullish...













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