G'Afternoon
Re: Reply to Inquiries >>> have I changed since BLACK SWAN Sell Alert of 4/20/20?
NO!!
The following Blog is still the recommended position = Sell everything and buy 7 to 12 month Puts!!
In addition to the China/USA relationship continuing to deteriorate and everything else being negative, the psychological and economic fundamentals creating a Quick Turn A'round in broad economy looks impossible.
Furthermore, the Fed has now dug a BIG HOLE for itself by guaranteeing everything under the sun!
3rd Alert This Year and since 3/16/09
Re: 3rd Alert as 4th Black Swan Flies Into View.
I really don't enjoy doing this, but the continued dramatically negative effect of the 3rd Black Swan - Oil - and now the ever closer arrival of the 4th Black Swan has forced my hand.
Let me explain: for the first time since 3/16/09 I am giving an all-out Alert that runs counter to my Technical OBV & KST Indicators that have functioned beautifully since 2009; and that is because for the second time since 3/16/09 I am giving an all out Alert to sell everything and to buy at least 5% or more in long-term Puts; and this is based on extraneous factors to the Broad Market indicators.
For, despite the fact that the market direction is still up -- by the criteria I have consistently followed --- I am no longer going to follow them: that is because the world-wide confluence of extremely dangerous extraneous factors has outweighed purely market indicators.
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