Ken: You, I, others looking for the same retracement, I know the timing.
Ken, as we were sitting here in the office two days before the holiday festivities begin, my secretary said(after two glasses of wine and having her husbands total retirement based upon the S & P 500)" I hope the market goes down soon, so, my son and you can put your money back in" I thought that her statement was very un-selfish, sacrifice some gains in the family retirement so that I and her young son could re-invest at the right level. I then clued her in to reality....
THE DAY THAT I RE-INVEST IN THE MARKET IS THE DAY THAT IT WILL CRASH.
Because of my complete un-selfishness I will tell, all of you, when that happens, so that you can sell out or short the market.<VBG> If it wasn't for me, the oil service industry would be thriving.<VBG>
Regards and happy holidays
Al G. "market maker supreme" |