Comment: BT - I was about to post some snarky comment

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Michael Nystrom's picture

BT - I was about to post some snarky comment

Based on the headline. In fact, I was about to post a link to this book and say, This time is different (it always is).

Then I saw it was you, so I took the post a little more seriously. This is something a person should never do - that is, give more credence to words based on who's mouth they came out of. Words should stand on their own, regardless of who said them.

ALL THAT BEING SAID, I'm ambivalent. I see the channel, and I see the breakout. I know what you're talking about. I see the Fed and their renewed efforts at money printing.

My gut tells me to be cautious, but my gut has been wrong so many times in the past that there is really no reason to listen to it.

If one is reading the chart, one should stick to chart reading, and not bring in a bunch of extraneous information. So I have to agree with you, that the chart says GO!

All art is only done by the individual. The individual is all you ever have, and all schools only serve to classify their members as failures. E.H.