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To: Donald Wennerstrom who wrote (55521)2/19/2012 7:14:40 PM
From: robert b furman  Read Replies (1) | Respond to of 95761
 
Hi DON,

ROTFLMAO.

#1 - I'd leave the little miss's diamond alone ,but other than that ? - I'm going to hold my long term accumulation and let the winners run.

It is always darkest before dawn and it has been a long time in the waiting.

We've gone up this week and are poised for many potential breakouts.

When nobody believes it is for real - it will happen.

Buckle your safety belt and don't crush that stogie - we're going up.

Perhaps more than we may believe.

Bob



To: Donald Wennerstrom who wrote (55521)2/19/2012 7:14:46 PM
From: Gottfried1 Recommendation  Read Replies (1) | Respond to of 95761
 
Don, re >rent me one of those rooftop suites in one of the big casinos< Howard Hughes did that once and got in a dispute with management while occupying it. He solved that problem by simply buying the hotel :)



To: Donald Wennerstrom who wrote (55521)2/19/2012 9:07:15 PM
From: Return to Sender1 Recommendation  Read Replies (3) | Respond to of 95761
 
Great post Don. Love the tongue in cheek humor. I can't convince myself to jump on board at this stage of the rally. That probably means it will head higher before we finally sell off. <VBG>

Seriously, the retail investor (like me) has not bought into this rally much at all. Volume has not been high enough to indicate that smart money is unloading to the kind of idiots many of us were in 1999 and 2000. We should potentially hit the highest volume ever at the next top if the little guy ever gets as involved as they were in 1999 and early 2000:



Incidentally 1999 was the last time I went to Vegas. LOL

Back to now. The Investors Intelligence Poll indicates things are getting pretty complacent but they have been more so at past market tops.

schaeffersresearch.com

And the VIX is low but it too has been lower at previous market tops.

RtS