As I relax with my morning coffee, I like to skim a few financial sites to see what's up. This morning I visited GoldSeek and found a piece by Puru Saxena called Ignore the 'Noise'. I thought it was an interesting title, so I checked it out. Now, the last thing I had read from Mr. Saxena was pretty bearish and he was advocating patience, so I figured that he is currently maintaining that stance. Not so.Mr. Saxena is now full bullish and talking of a 2-3 year cyclical bull market in stocks already being underway, while advocating investors tune out the bearish 'noise'. He has Asia in a secular bull and commodities headed for a bubble. Now, he could be right but all I can tell you is this: The patient plan NFTRH is operating to has not yet seen even our most modest upside targets hit and the plan always did include formerly bearish or cautious analysts turning bullish.
NFTRH43 uses a monthly chart to tune out the noise and set a very clear parameter as to when we will become bullish. There is a lot of other information packed into #43 as well, including a look at some of the most important 'signposts' or technamentals as I call them, that help to... Beuller? Yes Beuller... tune out the noise. Correct.