James Dines is one of the godfathers a technical analysis, the original gold bug, author of one of the real bibles of investment called "Mass Psychology", and he is a specialist in Super-Major Bull Markets. This is a word for word transcript of the interview Michael did with James that can be listened to HERE if you prefer
Michael Campbell: I'm talking with James Dines who is also the author of the book Gold Bug, a great book if you want to understand the gold market and the relationship with things like the central bank's printing of money. James also wrote Mass Psychology, a book I recommended it to my children, if they wanted to understand the market. They all have, I might add, bought copies and read that book.
Jim, let me just fire some questions at you as I want to make best use of this opportunity. Let's start with the positive market reaction to the extension of QE3 on Wednesday into Thursday. Then Friday it gave up most to the gains. What do you think are the consequences of the Federal Reserve's decision for the stock market short term and longer term? (more)
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