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I know that some readers follow Tom DeMark’s work and indicators for market timing – today DeMark gave his short term outlook on CNBC, where he explained his belief that we are at a major market turning point. Here’s the CNBC video: Hat tips to Distressed Volatility and The Daily Crux for breaking this story!
Live from Encore Beach in sunny Las Vegas! Casino and Vegas Strip Mogul Steve Wynn delivers a stellar 5-minute rant about the Fall of America, thanks to the joker politicians in Washington. This is a beauty. Enjoy! Wynn was reported to be moving his headquarters over to Macao, due to the unfriendly business environment in […]
I’m working from the road today, so I’ve got the nice benefit of having CNBC on here – man, are they yucking it up today! With the Dow hitting a new 2009 high, I haven’t heard anyone expressing any skepticism – “all the stars are aligned for higher stocks” is something that was just pronounced! […]
How about Sri Lanka? Yes, Jim Rogers loves Sri Lanka…even more than China right now. Why? Because they’re close to the end of a 30-year war. After a war is one of Jim’s favorite times to invest – everything is cheap, so there’s great value. Don’t worry China bulls – he still loves the Red […]
When CNBC starts asking if oil will hit $300 anytime soon, that probably means we’ve got a short term top in place. In fairness to Kevin Kerr – I think very highly of his commodity insights, and this interview is worth watching…his points are all good ones. However if you’re contrarian trading against CNBC […]
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