Mark: You are looking at the rear view window, we just had the correction (6550 to low 6200), from here until late winter (mid Feb I guess) it is more or less clear sailing and we will be within shouting distance of 7000 before we see 6000. EG missed this one, but like Granville and Pretcher before her, she will not admit to it. Now, if late in Jan. she comes back and says, my last signal was wrong, it did nor anticiopate the movement to interest rates under 6.5 and now that this blip down in interest rates is over, I see a major correction, than I will start and accept her ponifications again. But, then, you heard this forecast here first.
Zeev |
