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To: Jack of All Trades who wrote (104286)5/23/2001 4:20:03 PM
From: pater tenebrarum  Read Replies (3) | Respond to of 436258
 
i think we get one more run before a significant top is put in. iow, this is probably merely a short term hiccup for now. but the next leg up should be it...and there are cycle reasons to look for that top to occur either on May 29, or June 4, with perhaps a secondary one later in June.

the subsequent decline should be a scary one, if my roadmap is correct...but i expect another rally thereafter, one that should bring conviction back...building the final trap. imo by the end of the third quarter it will be quite obvious that no 'second half recovery' is in the cards. always fade the WS and mainstream economist consensus...and there is now an almost unprecedented consensus on the economy.