"The safe way to double your money is to fold it over once and put it in your pocket." Frank Hubbard

$$ Stock Blogs and Intermediate Market Bottom

OOPS Wrote this 4 days ago, forgot to post.

I haven’t been following many individual stocks lately (just (LYG: 2.13 -4.05%)) and for the general market direction, I’m still using my favorite daily and weekly charts. — Will post charts during the week.

This year I took ‘sell/don’t buy in May and go away’ to heart.

Nothing interesting has happened with money flow in relation to market prices (NYSE Dollar Volume and Average Closing Prices).

My only source of information, or rather review and analysis, has been Gary Savage. In short, his opinion is that we’ve hit or are scraping an intermediate cycle bottom. This should give a good boost to the bull market. — Already happened.

I also diligently read Le Duc.

 


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