Friday, May 28, 2010

NEW WARNINGS - DOW THEORY

More "Get out of Dodge" warnings.  Are you starting to see a trend here?

Richard Russell - SELL EVERYTHING

I guess that makes 3 of us.  I keep hearing folks tell me that if they sell out of something, what should they buy as a replacement.  Remember the old adage..... That we sometimes should not worry so much about the return ON our investment, but rather we should be worried about the return OF our investment.

Ok, given the think fog of bearishness, I would not be shocked at all to see some round of government intervention to save us all this weekend.  If there was ever a time to do it, it would have been to give us a strong day today to reassure investors over the long weekend.  Clearly we finished weakly so we holding our breath waiting for our government to save us.

GOATMUG