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People Say Stocks are Still Overvalued ...
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08-19-2016, 10:27 PM
Vendot
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Join Date: May 2002
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It looks like the markets are being propped up with buybacks, the ESF and perhaps other entities but if you look at the action and comments from the big money, hedge fund people are scared and it looks like we're going to hit a 2008 type thing again soon:
Soros Returns To Trading With "Big, Bearish" Bets On Economic Turmoil | Zero Hedge
With A Historic -150% Net Short Position, Carl Icahn Is Betting On An Imminent Market Collapse | Zero Hedge
Gross Says Negative Rates Are Like ‘Supernova’ That Will Explode - Bloomberg
Jeff Gundlach: "Things Are Going To Get Pretty Scary" | Zero Hedge
Paul Singer Says "Everyone Is In The Dark"; Warns Of "Sudden, Intense Market Breakdown" | Zero Hedge
http://www.bloomberg.com/news/videos...-of-cash-today
Gold is up like 27% this year. Probably a good time to go into cash and maybe start considering Gold, Vix, S&P Bear and decent Shorts.
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