Catching THE bottom in markets (almost always a spring of some sort) is something to strive for, but it is certainly not the only high probability place to enter buy orders. There are other quality places to buy in an overall emerging accumulation area, and into the ultimate breakout. Some of that is discussed here. INTC was one specific example discussed in the video, about the different buy areas, and then on Friday, like clockwork, INTC blasted out to more new 18 year highs. I have said over and over and over that INTC is in a huge uptrend, and to use the dumb news and the associated selling to buy. This one idolized clown, Belkin, claimed that the chip stocks were lagging and thus “the stock market was about to crash”. How in the world does that idiot get people to pay him so much money? What is wrong with people? The more incompetent the “analyst” is the more people who love them. Truly bizarre.
On January 3, I said this in response to Belkin, ” AMD still believe is a big reaccum area, but I’m out of it. The chip stocks have been lagging, I heard a guy say that means the top is in for the market. Whatever. My view is the lagging groups, in a bull market, are the opportunities.”
And on November 6, 2017, I said this, “As discussed before, INTC itself is in a powerful uptrend and huge accumulation area.”
Gold, bonds, stocks, and also the top in pot stocks – all discussed. Here is that post from June 2016, in which I discussed, well ahead of time, what the ultimate multi-decade bottom in bond yields would look like. So you want to listen to Belkin and all his colleagues, enjoy.
Excellent work!
They will try to trick you every time with AMD.
nice! thanks bro 🙂