“I’m Out” – Bulls Dropping Like Flies After Evercore Says Tactical Bull Is Over, “Buy Gold”
by Tyler Durden
ZeroHedge.com
03/10/2016
“My Bullish tactical call is over. While we have repeatedly highlighted 2030 as our upside target, the rapid post ECB reversals in the cross asset technicals dictates that we abandon our tactical view at this time in favor of a far more defensive posture. Our structural Bear Market call with downside to 1,670 remains intact. We would sell Global Equities and Commodity Currencies on the back of recent countertrend strength and buy Gold.”
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