Richard,
Sorry to dissapoint you, but I'm OK, not KO.
1. <they said the same thing at DOW 5000, 6000 and 7000 too>
BUT I DIDN'T. I'm saying it now.
2. I was bullish after the market confirmed new high in april.
3. I agree: The market is never wrong, opinions often are
see itlnet.com
also rules 5, 20, 26, 28, 36, 38, 39 and 45(!),46(!!),49(!!!).
4. In the last 15 years I was wrong only once in predicting a major trend or it's demise.
I cried "wolf" at Hang Seng in the beggining of '94 (crashed from over 13000 to 9000 in one year)
I've aticipated bottom in Nikei around 14000 (Hit 19000 same year).
I took USD position against Yen last year @81-83 Yen to USD just after $ started rising from the pit.
5. I've seen crashes before. The american public hasn't. '87 wasn't a crash. No crash gives you buying opportunities after just a few weeks.
6. '29 70th anneversary is only three months away.
7. The millenium comet already appeared. Did you catch the El Nino post? Millenium amok will only worsen the aftershock all around the cristian world.
8. When I'm right I will tell you what T.G. stands for.
9. There is a remote poss. that Dow would reach 9200 next spring and crash from there and not here and now. This is IMO very slim, and I am getting stronger belief in my plan A scenario day by day.
10. Not much time to see if I'm right. I'm not talking years from now.
11. When S&P 500 would fall below 900 I would shout wolf as hard as I can but no one would believe, except a handfull of Kahunatics.
12. The doctors say I will be rid of this Massiah syndrome shortly after I die.
Arik
Don't Panic. |
