- Comment on US debt
- Forecasting the future
- In its efforts to prevent financial Armageddon, the government has been printing money like it’s an insurance company giving out free tickets to an annuity semi-nar! Just how concerned are you that this plethora of paper will ultimately plunge the stock market into purgatory?
- You referred to the “debasement of the dollar” in your previous response. De-basement compared to what? Much of the world is printing paper currency at an even faster rate than the US?
- I recall, a long time ago, you had a discussion of the Commitment of Traders (“COT”) data as a timing tool. Yet you have not mentioned COT for some time now. Any reason?
- In most daily TOT issues, you say, “The super long term perspective for the stock market remains bearish (as it has been since January 2000). I expect that the bear market will resume in earnest in 2010, leading to a possible end to that decade long perspective at lower prices next year. But we’re certainly not at that point yet.” Is that “perspective” a model or just your opinion?