5 replies to this topic

[relax]

What does this bottom imply? That we do not go lower for at least 20 weeks Thanks

[airedale88]

relax, once the the 4.5 yr nest of cycle lows bottoms (we're very close) i expect a resumption of the uptrend. it could chop a bit sideways before taking off but the low for this cycle bottom should be the low for the next few yrs. we are in a major cyclic uptrend. IMHO of course.

[zedor]

relax, once the the 4.5 yr nest of cycle lows bottoms (we're very close) i expect a resumption of the uptrend. it could chop a bit sideways before taking off but the low for this cycle bottom should be the low for the next few yrs. we are in a major cyclic uptrend. IMHO of course.

Relax = complacency and this market is never again one that will tolerate that.

The next bottom will only be in my view one of a series of endless bottoms each lower then the previous one.

But time will tell.

But relax is not a word associated with making money.

I am nervous about all my trades bear or bull. Always trying to make sure I did not miss something and get broadsided.

[airedale88]

uh, relax is the poster's name. but thanks for the lecture.

[zman]

relax, once the the 4.5 yr nest of cycle lows bottoms (we're very close) i expect a resumption of the uptrend. it could chop a bit sideways before taking off but the low for this cycle bottom should be the low for the next few yrs. we are in a major cyclic uptrend. IMHO of course.

airedale, thanks for ur update..do you have a number in mind or a chart you can post for us? thanks as always

[relax]

Haha Cheers airedale - always enjoy your posts - have a great weekend!