Summary: Slim still sees the Russell as the weakest index and thinks it can reach a 20% correction. Slim believes the SPX has another 6-8 weeks in a declining phase but still believes there will be strong rallies to be sold. Slim sees the precious metals in a red zone to sell short on rallies. Slim forecasts a continuation of the bond rally as the stock market corrects to the down side. Mike calls in asking about the correlation of gold futures and physical gold.
