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To: skinowski who wrote (77881)7/24/2003 11:58:40 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Nope. I meant nothing with the use of colours there. I am fine with a breakout on the Dow, as far up as 10k is fine by me. Still, I consider it most unlikely that the bulls will be right and that this entire interlude was a '4' that sets up new highs for the US market. So far, I see no reason to change the decision I made in 2000 when I crossed over to the CFZ side -- that we are in long bear market of 6-10 years.

In the end, it only half matters to me. I've been lucky enough to call the swings pretty good for the last year, so whether or not the bulls turn out to be right has not yet been a factor in my views of market direction. It would become a factor when I am shorting Dow 10k and it turns out to be only a pullback because I was wrong and the bulls right.