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To: M3SMG who wrote (173753)11/21/2008 2:47:21 PM
From: The Freep  Respond to of 209892
 
Oh, no question there will be wrinkles, and that's largely why I'm watching the short term stuff more closely than I ever have. I had pretty clear targets, but they can all be exceeded or we can come up short. Since we haven't, to my eyes, had an ending structure yet, it just keeps extending... so I stay nimbler.

I do fall in the camp that says when this wave ends, one should definitely be long. Not that all stocks will rise, of course, cuz it's never that easy, but at some point we will get more than one 10% up day!