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Toby Conner has written 4 entries since joining The Inflationist - Making Money in Stocks, Bonds, Forex, Commodities, Agriculture

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Web:http://www.goldscents.blogspot.com

Toby Connor is the author of Gold Scents, a financial blog with a special emphasis on the gold secular bull market. Mr. Connor's analysis skill of the markets is largely self-taught, though he admits to being an avid reader of Richard Russell and Jim Rogers, among several others. Toby is an avid rock climber and world class weight lifter (for his age). Toby's premium service includes daily reports and an extensive weekend report.

Mar 19
Friday

Markets Unlikely to Hang On Until Month’s End

Filed under Stocks

By Toby Connor
Gold Scents

Today will be the 28th day of the rally out of the February 5th bottom. We are now in the trading band for the daily cycle in stocks to bottom. (The cycle rarely lasts much longer than 35-40 days). So, as I said in my last post, we are due for a short breather any time now.

The consensus seems to be that the market will hang in until the end of the month. It may, but I tend to think we’ve probably seen about all the upside we are going to see at this point.

chart-1
chart-1

The leading tech sector is pushing up against a major resistance level. I doubt this level is going to be penetrated on the first try.

It’s time for RSI to make a trip back down to the oversold levels. (Daily cycle bottoms almost always Continue…

No. Shares Company Bought Cost Now Profit/Loss
Cash in Bank $0.00
Portfolio change since 1.1.2009 %

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Author Archive


Run Run Away
1 response - Posted 03.17.10
Run Run Away by Toby Connor Gold Scents Last week I hypothesized that the markets are “On the Brink of an Asset Explosion”. If this is going to play out then we can probably expect to see runaway moves develop in virtually all assets soon. The rally out of the `06 ...continue
SECULAR STOCK BEAR vs. SECULAR GOLD BULL
no responses - Posted 03.16.10
SECULAR STOCK BEAR vs. SECULAR GOLD BULL by Toby Connor, Gold Scents Since March of 2000, the stock market has been and continues to be in a secular bear market. Beginning in March of 2009, the stock market entered another cyclical bull market. This means our current stock market is in a ...continue
On the Brink of an Asset Explosion
no responses - Posted 03.08.10
I can virtually guarantee that what I’m about to suggest isn’t on anybody’s radar screen. But before I share my prediction, a little background analysis is in order. There have been seven previous bull markets that were born in the depths of vicious bear markets similar to what we just went ...continue


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