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Strategies & Market Trends : Point and Figure Charting

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To: james ball who wrote (18206)4/16/1999 11:07:00 AM
From: Challo Jeregy  Read Replies (3) of 34811
 
Tommy, you know what is funny (not ha-ha funny but odd funny) is that every pundit and newspaper article I've read, heard this am (IBD,CNBC) says that this cyclical move is not sustainable and that the market can correct big-time.(Is this our contratrian headline that we are looking for)?

My feeling is that this cyclical move is indicating higher rates (duh) and a better economy, going forward. Asia turn around, and, with the possible trade opening up with China, these "dogs-of-the-dow" will shine again. Actually, they are already.

I'm sure we will see that correction. But I feel that it will not be the top of this bull market.

IMHO, Challo
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