If you listen to Clive Roffey, you'll never invest in the market. You'd still be sitting in cash and gold ( maybe about 30 growth) in the last 4 years and missed every other opportunity on the stock market. this guy is like Nuriel \Rubeini who keeps on crying wolf. I'm with Simon on this one....When Dr Roffey??????
Dr Roffey is a Chartist/Technical Analyst that fell for the Physiological trap of wanting to be right and now too proud to say that he was wrong. The sad part is one day he will be right and there will be the inevitable sell-of and a move to gold but without the correct timing it does not mean anything. I don't know what kind of Doctor he is, but if he has any knowledge of Technical Trading he would have known that you work in probabilities and that you should change your view if the probabilities didn't play out.