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Platinoid
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Counter-Trend Moves Continue to Spark False Hopes - Tim Wood - Cyclesman.com

Well, it's an election year.

2 weeks ago employment reports talked about a million people who stopped looking for work.
Last week suddenly there is optimism and things are looking up for the economy.
Maybe those who profit from the current regime's schedule of finishing Woodrow Wilson's and Franklin Roosevelt's vision are ginning up a positive economic story to help snare the public as Wood suggests.

They'll credit this artificial up turn to Obama, and if it crashes before the election the conservatives will be blamed just in time for voting day.

I like the analysis because it is contrarian, but Wood himself has snared us all, he didn't let us know what was going to happen to our metal holdings....he's a smart guy.

Thank you for the article Mr. Wood

Commented 4460 days ago

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Beginning of the headline : The bearish Dow theory primary trend change that occurred in August remains intact.As price moved into that low, and the October low that followed, bearish sentiment was at levels not seen since 2008.However, I said then, in articles written here, that not all Dow theory trend changes were created equally... Read More

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