To: blam
Dow Theorist: Sell Everything Liquid
What the heck is this guy talking about? YOU SELL THINGS IN ORDER TO BE LIQUID. Now that you're liquid, how do you sell your money ?
He might as well tell us to get out of the USA and sell dollars for something else by year end.
To: SeekAndFind
What the heck is this guy talking about? YOU SELL THINGS IN ORDER TO BE LIQUID. Now that you're liquid, how do you sell your money ? He's Richard Russell, and he is said to be famous.
I think it's an alarmist's way of sounding all technical and savvy while shrilly shouting, "sell anything that can be sold!!!" I think it's also an opportunist's way of saying, I'll buy it at 50% of your asking price.
200 posted on
05/18/2010 8:56:17 AM PDT by
r9etb
To: SeekAndFind; P-Marlowe
He means ‘readily liquidatable’, or relatively liquid.
To: SeekAndFind
Market liquidity is that which can be easily sold off.
397 posted on
05/18/2010 8:04:36 PM PDT by
omega4179
(www.jdforsenate.com)
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