very interesting thread , yes everyone's short , yes things seem to happen a lot quicker these days , gold still going up I note . The book for a major fall has already been written ,it might be over quite quickly , it's hard to stop a sentiment shift .I doubt that that is conclusive for the next 12 months maybe we just need to get it out of the way .It's difficult to make a case that the xjo is overvalued , hopefully the chickens from the major structural imbalances that we are all aware of aren't ready to unravel yet
If they are batten down the hatches
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maxi's - do me, i'm famous - thursday, page-102
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