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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: jimsioi who wrote (26816)	2/20/2005 4:05:47 PM
From: russwinter	Read Replies (3) \| Respond to of 110194

Seems like folks had similar remarks when I called an intermediate top in PM shares in Sept. 2003. As I recall things spiked even higher for about a month, and then corrected Chinese water torture style for over a year. So don't get me wrong, I'm not trying to call a top to the day or week, I'm just not THAT good, but the risks of one are increasing. Would I be surprised to see energy shares go higher? Not especially, but not my cup of tea anymore, as I was generally long the sector all the way back to late 02. As a rule I try to leave later stage parabolics to others.