I really could care less what they say, and I am not saying a final low is in place or not - way too early too tell. The key is if we do our job correctly of analyzing this rally as it unfolds and are not married to any scenario we have the best chance of staying on the right side of the market. The key is to stay FLEXIBLE! I'll get bearish if this rally ultimately looks lousy and does not provide me with any decisive MT to LT bullish evidence. I simply can't stand when someone is married to a time scenario of one more new low or high for that matter - I just tune them out.
NO BS
Senor
Apparently Avi has been on a roll for quite awhile so I thought it was worth watching him, but of late I noticed that he has modified his view as the metals have started to turn up here, at first he said gld would not likely get above 124, now he says it could get up to 140 Avi does of course have an axe to grind as he sells his services.
I thought you might find his elliot wave work to be of interest though. I am still long and baring a sharp break I will probably stay long into the fall.
Russ
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/