11/18/2011: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW…
“…With 4% gaps to the upside, 4% gaps to the downside, reversals, news coming out of Europe, the Super Committee (I have a better name that I can’t mention on radio…the market is eventually going to tips its hands…”
“…We’ve had some stats to go by….10 of the 10 years AND 22 out of the past 24 years…the markets have been up from Veterans Day until the end the year…
“…In the past week or so, I said that 1250 to 1280 is going to be a high…We’re still in that area.
“…A rough week, distribution in the markets, professionals selling, high volume selling, it all started in that 1250 1280 area.
- “…all the past leaders are carving out major of major league tops…”
- “…More names are really worrying me…..I’m been talking to you about Apple and Amazon, BIDU, Green Mountain Coffee, Netflix…”
- “…If there was one indicator that is above all…it’s how are big growth leaders doing…?”
- “…This week the semis put in a decent top…”
- “…Nasdaq and Nasdaq 100 broke below the 50 day moving average…”
Just letting you know…you probably want to be a little wary here.
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Gary Kaltbaum owns Kaltbaum Capital Management, LLC (“KCM”), an investment adviser registered with the U.S. Securities and Exchange Commission. The opinions expressed herein are those of Mr. Kaltbaum and may not reflect those of KCM. The information offered in this publication is general information that does not take into account the individual circumstances, financial situation or individual needs of an investor. The information herein has been obtained from sources believed to be reliable, but we cannot assure its accuracy or completeness. Neither the information nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. Any reference to past performance is not to be implied or construed as a guarantee of future results.