Helium markets…


The attached charts express the state of the markets: melting up.  At the same time the commentariat is gnattering about the coming bear market.  If we kept records of these people (with a penalty of shooting for bad forecasting ) we would run out of ammunition.  It reminds one of the old zen axiom: those who speak do not know and those who know do not speak.


We see no immediate sign of a top.  We also see many toppy behaviors.  Frothy,  but we don’t see the technical signs of a change of  trend.  As for example broken trend lines.

But then we are living in a psychoid time.  We would not be buying at present–if anything lightening up our portfolio instead.  This last arises for us because of deep paranoia.  No evidence to show. Just age-old instinct.

Stay safe and keep your eye on the market.

NOTE:  technical problems with our website has made it impossible to email our letters so the letter must be read on the website for the moment.  Repairs are under way.


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