Max has been retired from writing about his charts for several weeks now, and he’s decided it was not only the right decision, but perfectly timed. I agree. He did however, in a friendly ‘how’re doin’ email’ give me an update on his current take on the markets, including out to early next spring.
We should go back up to about 1,150 or so on the S&P, then onward and downward. By maybe next March, if things don’t change much, (as he’d say, “I don’t read tea leaves”) it could be down to around 800, maybe lower.
He said being in cash and gold is ‘the only place to be’ when it comes to the stock market. As he put it — “Right now cash and gold are the only place to be as far as I can determine.”
Anyway, Max is enjoying his new freed up daily schedule. I was thrilled to hear from him, and will be keepin’ in touch as his friend.
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And he didn’t have any mentors that know how to read the charts hey
You’re gettin’ ahead of me, Mark.
Anything new on Max?
Rick — Max is happily retired from publishing his thoughts and charts, though he just as happily still trades every day. I speak with him on the phone now and then, along with emails.
Thanks for the Max updates and happy to hear he is doing well. hc
You bet, Harry. Also, I’ll pass on your thoughts to him next time we talk.
I was wondering if you could get Max’s thoughts on the current market. It looks like we will close over the 1150 mark on the S&P for the first time since Max’s prediction back in May. Does Max still feel the market will go down to 800 from here? Is gold and cash still his “places to be”?
Tell Max we miss him.
Hey Rick — I’ll pass it on to him. I’ll also tell him how much he’s missed. He’s such a good guy.
I was wondering the same thing? Best Reguards for you and Max! And thanks for helping us to stay in touch with his thoughts. hc
Have you touched base with Max and his thoughts on the markets? Merry Xmas to you and Max and thanks for your insights! All the Best! hc
Merry Christmas Harry.
Max told me a couple weeks ago he was a bit anxious awhile back when it looked like markets were close to tanking. Now? He’s just waiting it out to see what’s up.
Wonder if Max is still feeling like gold and cash are the only places to be and if he’s still waiting it out? thanks hc