4,5 year bottom - question (airedale)
#1
Posted 27 July 2007 - 09:15 AM
#2
Posted 27 July 2007 - 10:13 AM
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
#3
Posted 27 July 2007 - 11:13 AM
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.
#4
Posted 27 July 2007 - 11:17 AM
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
#5
Posted 27 July 2007 - 11:32 AM
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
#6
Posted 27 July 2007 - 12:08 PM