SKIP DANGER'S
Market Opinion
Nov. 25, 2011

[Stocks]

SHORT TERM: (3 days - 3 weeks) - Buy - I don't have the purest of short term signals. But, I do have enough evidence to think it's 'GO-Time'. Use stops.

MEDIUM TERM: (1 month - 5 months) - Buy - This is my first 'buy' signal in a year. I could have issued a signal the first of October, that was the obvious bottom, but decided to wait for conformations. Those conformations are abundant. My most persuading indicator is my 'market strength' indicator. It has been reaching for the moon, we're lucky to have this excellent entry point.
If you're inclined to agree with me, the prudent way to approach this is to commit about 25%-35% of your capital to the long side, maybe index funds. Obviously, use stops. Once we gather some momentum, commit more capital. This rally should run until late spring.

LONG TERM: (More than 6 months) - Sell - If I am correct about the debt market, then the economy is going to get hammered. And when the economy gets hammered, stocks get hammered. I have an eerie feeling that we are headed for the worst depression in the history of man-kind.

[Bonds]
LONG TERM: - Sell - 'Government Bonds' are in the biggest bubble this world has ever seen. At some point, it will be a massacre. It may not mean a lot to small investors, like you and me. But, when wealthy people lose lots of money, they want to fight, they start wars.

[Gold]
LONG TERM: - Neutral - Gold is still in it's corrective phase. It should turn to a price decline, at some point. If your nimble, try to trade it. We might be considering the long side, some time next year.

[Real Estate]
LONG TERM: - Buy - Most real estate has not hit bottom. But your best deals come long before the actual bottom is reached. The whole thing has me excited. I have my ear to the ground, searching for deals. Believe me, they're out there. Can you recognize one? If you need help, call me!

[Antiques/Collectibles]
LONG TERM: - Buy - This asset class will always be very rewarding for those in-the-know. As long as world economies depend in ‘fiat currencies’ this baby is solid. But, you have to do your homework. Smart investors are trend followers. There are no PE’s to get out of whack, so prices can go to the moon. Don’t be afraid to buy inexpensive items, but always go for “quality and a theme”.

Disclaimer: This analysis is only for informational and educational purposes and does not represent a proposal for buying or selling stocks, bonds, gold, futures contracts, or investment grade assets of any kind. Skip Danger is not in the business of selling Market Advice.