A Strong Contrarian Signal That the US Market is Toast:
"It’s still sum… sum… summertime. Still lazy, hazy and crazy. And still not much action in the financial markets. The Dow sold off a little on Friday. Gold went nowhere.
You’ve already heard our guess: investors are marking time… waiting… procrastinating… maybe even thinking things over. The serious action won’t begin until summer ends. Then, they’ll return to their desks… and PANIC.
Panics are rare. Crashes are rare. And we’re not going to predict something with small odds. Most likely, it won’t happen."
'via Blog this'
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