BTW, don't bother trying to out-bear me. -g I want to trade the swings and I am on the watch for stepping in front of Cycle wave B (or, heaven forefend, we're doing a 4 like da cheif thinks/used to think), but in the meantime, don't even bother. -g In the timeframe just inside the timeframe that says, accurately so, that markets rise over time, we are going down. In other words, unless I flip over to believing we're in Cycle wave B, a short anywhere in the same zip code as the highs is good for years yet. Sell and hold doesn't work over the long run, but it can work stupendously for years at a time. I am in my middle years now; I don't have time for buy and hold here.
In the meantime, it's important for bears to catch some of the countertrend action. It's a once in 4 generations opportunity imo. |
