Saturday, May 8, 2010

Prechter and Rogers

I am on record as agreeing with Robert Prechter's theory of the economy and what to expect in the coming months and years ahead.  Now, it appears, that Jim Rogers is also in the same camp, too.  When both agree, I would heed their advice and try to make some gains in the market by shorting, buying puts or just staying in cash, and I will be echoing this advice in the coming weeks ahead.

U.S. stock markets will shed gains swiftly: Prechter 

http://www.reuters.com/article/idUSTRE6465TI20100507

Jim Rogers' Latest Bearish Calls: Shorting U.S. and Emerging Market Indexes

http://seekingalpha.com/article/203844-jim-rogers-latest-bearish-calls-shorting-u-s-and-emerging-market-indexes?source=feed

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