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Strategies & Market Trends : Longer-Term Market Trends

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To: NOW who wrote (1924)10/16/2008 1:17:00 PM
From: AllansAlias3 Recommendations  Read Replies (4) of 3209
 
Nothing to add of substance to the longer-term view. I see no reason yet to catch the golden falling knife or to guess if equities are putting in a bottom. While we are seeing great volatility both ways, which I believe we anticipated in a previous recent post, I do not think the bottom is in. I'd love to be trading this, but my schedule just won't allow that right now. I am content to continue to wait for more evidence that a bottom is in -- completed counts, our 2002 target, utter disgust with equities, etc.

Cheers, and think about your assets.
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