I love it when main stream media finally has an
epiphany and starts talking about a move this room has been highlighting for the past 5 years.
Long everything / short bonds. The spreads help with targeting, both long and short -term.
Metals have come into rejection zones. They are not backing off. We’ve seen consolidation at levels before.
The targets have not changed and I’m not going to keep posting them.
If I see something new I’ll post it.
Yesterday Jones gave a CNBC interview where he was looking for more rally before a blowoff top.
It’s over a 95% bet that this will occur from one of our long term targets matching up with the risk spreads. These numbers have been posted on the sheet in green.
Our job is to sort out the move from here to there.
It’s a matter of time.