Bill, your indicators were correct as are the interest rate indicator you are looking at now, rates are headed up, slowly for now.
Your indicators called a bear market alla 73-4, the bears were unable to convince the bulls of reality, and Clinton unlike Nixon will remain unfettered by legal problems. Now we go on to the next plateau. The correction/bear we had here should have been 20-40%, but instead was 1%, and we will have a run up from this level, just like the April lows. Don't stand in front of this, it's suicide. NO PUTS. Please take my word on this. Just stay on the sidelines and watch for a week, if you don't believe me.
Take heart my friend, you have warned countless people to cancel their excursion on the SS Titanic.
The game plan is long. We need to enlist your technical talents. Please come aboard Captain Hueb, on the SS Kahuna. |