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overtheedge
Member since May 2012
680 commentaries - 6 followers

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Too Many Bearish Flags To Ignore - Chris Ciovacco - Ciovacco Capital Management

"We have been reducing risk by raising cash over the past several weeks. "

You are putting the cash under the mattress, right? Remember Cyprus?

Commented 4160 days ago

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Beginning of the headline :1994: Not A Good Time For Investors As we noted on May 31, bad things tend to happen when interest rates spike as they did in 1994. Rising rates made the first half of 1994 difficult for both stock and bond investors, something that is relatively rare over longer periods of time. The 1994 scenario could be playing out again as stocks have been dropping while interest rates have climbed higher at a somewhat alarming rate. First Fed Statements Not Reassuring Given the presen... Read More

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