Sunday Nov 15th
PCLN down -138 points on Monday Nov 9. But up +25 points the Friday before.
Some of my readers can´t believe they made 100 points in one day. PCLN has been on my list of stocks to Short or Buy puts on.
The next leg of the bear market began last week and may continue till the yearend tax selling period.
Buy the VIX and keep buying puts.
To those readers who are asking if we are getting close to a buying area in gold. The answer is NO. I don´t see a bottom until 850 or 900.
I am sorry to see one of my predictions come true. 3 months ago some of our military and politicians said ISIS was slowly being wiped out. I said: “No, they are just getting started to grow”
I think the events in Paris this weekend prove that I am sorry to say: “THESE HEARTBREAKING EVENTS are going to get BIGGER and more FREQUENT”.
I hope I am wrong.