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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Archie Meeties who wrote (30738)	3/11/2004 6:27:55 PM
From: Sweet Ol	Read Replies (1) \| Respond to of 206181

<<So you're saying the market can either go down or up?>> Of course. Anyone want to bet against that call<VBG> What I was trying to say is that I think we may be at an important turning point that will tell us if we are in a Cyclical Bull in a Secular Bear or a Cyclical Bear in a Secular Bull. The long term implications of that distinction are enormous. If we are in a Secular Bear market, then we are going to see lows that are much lower than anything we have seen since the market turned over in 1999. Conversely, if this is just a correction in a Secular Bull market that bottomed out over a year ago, then it won't be long before we will be seeing new highs. It is too early to tell which case is going to prevail by looking only at the Waves. If you are strictly a trader it probably doesn't make much difference. But if you are thinking of medium to long term investments it makes a huge difference. It also makes a difference with regards to which sectors you favor. I think we will know which case is going to play out in a month or two. Best to all, JRH