15 replies to this topic

[NAV]

it may prove to be a fractal of ....

And you, Brutus!

How many times I've heard this word?

And I've never seen the market moving in the right direction after this....

well, there's first time for everything, even with my age, I don't rule out unexpected, and I am not THAT old.

If you are still young, you should avoid visiting EWI, Prudentbear.com, Financialsense.com, Safehaven.com, CapitalStool.com, Minyanville....Very dangerous for one's health, financial especially, especially if you are still young !. Most of the folks who contribute there are journalist types, not market analysts.

So you are from "Silly Con" valley. You know where that term was coined. I think it was on longwaves.net. They shut that site down last year , the day DOW made ATH. Just coincidence...Nah !

Edited by NAV, 02 October 2007 - 09:17 AM.

[ogm]

OGM...when/if SPX 1565 is touched, simply remember that optimism among bulls is at its best at a top...sorry, could not resist since you are pointing out the other side regularly.

thanks for all your stock pick ideas....you deserve much credit for taking the time here to share them. I reentered GRMN long yest. at the test of a daily MA, but am not staying forever.

I'm simply pointing it out because I don't see any excessive optimism. There are some signs of optimism, but not anywhere near enough to be excessive. At the same time scepticism is very persistant.

[tommyt]

"The amount of scepticism is simply incredible." Partially true...AAII has highest # of bulls since Feb and Inv Intell has gone from 40% bulls to 55%...its not extreme, I give you that, but certainly not where we were.

[hamakua]

Isn't that why he is in the BIZ of selling "Ideas" rather than making a living trading ?

[SemiBizz]

Jeff is just baiting the market...







"We might have a failed breakout, but if not we are going to the Moon"

I see... one of those either/or propositions. Give me a break there are plenty of other outcomes.

We can go sideways for a month for example.

[youmast]

We can go sideways for a month for example.

Not too bad...