Haim, I think you got it pegged pretty close at Dow 10,000. The last leg of a bull is vertical, look at Yahoo's spike up recently, straight up. The Dow will do exactly that, as stock hounds rush to take cash advances on every credit card they own, to buy stocks on margin and derivatives, Pete M. said it "BK is a Myth" so why worry? The bears have been so wrong for so long, they'll never be right - RIGHT? wrong! wrong! wrong!
Since the A/D line is not lagging, like 87, 29, 73, I've come up with my own A/D line lag. The semiconductor industry. This is the only industry that will be tailing off, while all other sectors are popping. Kondrietieff anyone?
This is the only way the massive amount of capital will be sucked up.
Tears? Yes.
Blood? Yes.
Sweat? Yes.
Pray a lot and buy some gold.
bwdik,
bobby |
