OK Bill
i respect your convictions...
SCY??? never heard of it...ever!!!!!
but i disagree about bullishness..
i read that completely different...lots of bears out there predicting a crash...in fact the bull/bear/correction indicator has moved recently right to the middle, and then move up a bit last week...
sure if rates rise then we'll see selling...but let;s watch, and see exactly what occurs...
as a serious student of P&F TA...we follow the indicators, not lead them..we don't guess, we wait to see what they say...
right now 2 short term indicators are reversed UP, from being down Bill....the rest are moveing higher, and have stopped moving lower...
all i'm saying is, when you put all the things together...crash is not in the cards right now...later?? who knows...why wait till then...
the ifs, ands or buts, don't get it...reality does...and Bill this is real...this country, and these markets are wonderful, people are cheering DOW 10K, Bill cheering!!!!
it's exciting, it's meningful, and it represents how potent this time in our lives really are...pretty astounding if you ask me.. |