After having been the perfect contrarian indicator in late March 2012, he seems to have recovered from his Hopium high. This is a great analysis of what is currently happening, and he forecasts markets are toping as we speak. I don't have time to provide a summary here, but I'm sure you will have 9 minutes to spare for this very good update.
4 comments:
It seems like there's something important to a to that's missing right now. Where are all the news articles forecasting that the crisis is all over and that the DOW will march on to 30,000, 40,000, and higher?
to a to -> to a top
I have said this before and I will say it again... this guy has no clue what he is on about when it comes to markets. Henry has never gotten anything right since March 2009 low.
In May 2010, he said we are entering a bear market collapse - wrong. In August 2011 he said we are entering a recession - wrong. He has been a perfect buy signal whenever he gets too bearish!
And here he is again talking the talk... The fact that I also feel markets are topping right now too, make me think twice about that opinion. Following Henry is like a trusting a blind taxi driver...
Hey Tiho - Good to hear from you. Long time no see. Hope everything is fine :-)
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