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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: jrhana who wrote (293)	2/8/2004 9:46:44 AM
From: loantech	Respond to of 60926

jr RR knows how to call them. He has been doing it since we were born. <g> BTW I saw your Cadillac Roadster at a new car show yesterday and it was really sharp. About 79K I think. I also like one of the more sedan like Caddy's but it had great styling and would be more practical for about 42K. Tom

To: jrhana who wrote (293)	2/8/2004 1:32:37 PM
From: nspolar	Respond to of 60926

jr, thanks. Keep us posted. I like RR, a lot. I think RR's hypothesis has a high probability of being correct. This downdraft we have started is starting to smell a little uglier to me, even though I have wondered if my USPIX would be better off being in pm's, here and now. I am going to stay the course and continue with my longer term plan. I think long term plans can be very very profitable, or very very painful if wrong and if one doesn't early on recognize it. To avoid that latter scenario I have changed my investing style somewhat, and will not load up at the beginning. There are a couple little tidbits here, that I like. One is a lot of TA bulls are still on the path that this downwave is just a correction, on the path to higher highs for all the general market indices later this year, and possibly to all time new highs for the DOW. This means they are still bulls. I tend to think most of these folks are wrong at turns, they like to scalp during trends, and are not very good at recognizing one until it is well under way. The pm bull is a good example of that. I will post some Rydex data later today. It is in sync with what fuddle I believe posted from Sinclair. Essentially there is no cash in the system, it is all in equities. More importantly new bears aren't biting, or in short there is not much new money flowing into bear funds, yet. This could be a sure fire sign that the top is in, imo.