Zeev,
Just a couple of comments about the markets.
When I see Warren Buffet buying silver, my ears perk up big time. When I hear "Buffet says U.S. Stock prices high", I listen.
This does not indicate to me that stocks will plummet and silver will rise tomorrow, but it gives me a "heads up", if you will, to pick my entry and exit on a "stragecic" basis.
Buffet is a "strategic" investor and a very successful one, I might add.
I have said this before, and I will say it again for the benefit of all. One must look at the markets from the perspective of multiple time frames to view the whole picture. If one only looks at daily charts, he will be surely deceived. Look at daily for the short term, weekly for a broader view, and in some situations monthly charts for a larger view. Know where all these fit together and then one has a better perspective of what is happening. Tactical in the short term, but never, never forget the Strategic!!
JMHO, Jack |
