Flags and Dow divergence and billionaire bears…

Posted on Aug 06, 2016 by in Letters

Goldman says take the rest of the summer off.  Gross says what me like stoscks? Nyet.  And Soros is supposed to have a big short bet on as is that corporate horse-fly Icahn.    They are all getting poorer by the day.  We have said, for the 3015th time, that having an opinion on the market is a good way to go broke, and that it is a fool's errand to buck the trend of the market as plainly indicated by the chart.  The PnF system  looks for a target of 20349 in the INDU.

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