SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: SeachRE who wrote (410881)6/2/2003 1:00:59 AM
From: CYBERKEN  Respond to of 769670
 
I was going slow because you can't call the market (and everyone on the Internet who claims to is fooling themselves more than anyone else), but today I read what has come to be the ULTIMATE bullish indictor. ALAN ABLESON has declared the recent run-up a "bear market rally".

This is the guy who was consistently and proudly WRONG for the entire Reagan Boom (Part I) of 19 years, wishing and hoping, and warning of disaster right ahead from DOW 900 to DOW 12,000. Lately, he has gotten his three years of heaven, a three year bear market (authored by his heros Clinton and Rubin) and he has wallowed in it like the pig he is for 39 months.

But it's, once again, smokehouse time for the pig (though a little credit where credit is due: Ableson is and always has been the best writer in the business media-which is why I buy a Bear-onz occasionally).

Will the Ableson Contrary indicator let us down this time? We'll see...