Take physic, pomp

Saturday mailbag

Reader HA should really take up blogging, you’d be way good at it, my man. Here’s what your author received this morning from HA and there’s 100% agreement here:

mail title: Fwd: Tech Stocks Crushed, Gold Tanks, And The Dollar Gets Hammered: Here’s What You Need To Know

body: Business Insider is about as relevant to business as the Stockhouse Bullboards are to stockpicking. Why would you mention gold in a headline but not the article?  Just seems to reinforce the sky is falling meme. Did you hear gold might break $1300? Oh my Gawd!    


Yep, the site run by the fraudster Henry Blodget is the biz equivalent of porn, but it does have its use as a contrary indicator. The more “gold tanks” headlines in the peanut galleries, the closer we are to a reverse and bounce.

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