Thursday, October 04, 2007

Hulbert: stock newsletters skeptical

At Marketwatch, Mark Hulbert reports (article) that stock newsletters remain skeptical towards the rally.

... a contrarian analysis of stock market timing newsletters suggests that the path of least resistance remains up...

As I have been writing, next week, and the week after that may be a slightly better time to buy for a holding period until early 2008.

Gold had an impressive rally from a weak open. I was tempted to buy back into GDX, but fast markets are not my favorite thing.

Long GM, hedged

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