K, FOR THE FIRST TIME IN HISTORY!!!
Yes, in today's Barron's (I get Monday's issue today at the local 7-11 store here in Annapolis) ALL the investment advisors were extremely bearish!
So, if your prediction and references are TRUE, it will be THE FIRST TIME IN HISTORY that when the majority of the investment advisors were bearish that the market then tanks!!!
Cause up until now, EVERY time the call by those guys is onesided, THEY ARE WRONG, DEAD WRONG!!!
And I have been talking the same way for the past month or so - thinking the BK was coming... but here is what is REALLY happening:
- interest rates are lowest in decades and NOT increasing; - inflation, for the moment is dead; - energy costs are declining; - precious metals are at the lowest in decades and getting lower...
I could go on and on... the ONLY thing that is on the increase right now seems to be the number of bears!!!
Sure we got zippergate! Sure that could cause some problems and is an unknown.
Sure we got SEA problems... haven't REALLY affected us all that much in the past... but is a 2-sided razor: sales and cheap labor.
So boys and girls, I opt for what my mentor, Bernie Schaeffer is promoting - a strong move up into the 10,000 region AND SOON!
Remember, you heard it hear first! (Or second if you take Berie's newsletter.)
Bill |