Quote:
Originally posted by Colin@Aug 14 2003, 06:53 AM
I've been out since 6/2000 and staying out until further notice.
The market is a bloody bitch. Still. ;-)
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Colin, if you remember, last year when we were at the lows and several ppl were commenting about it breaking down I said... fuck that, I am buying it right here. I think I also said that we were likely to see the largest rally in years.
I still think we are in the midst of this rally and the upcoming sell-off is simply a correction within an overall advance.
I have some major cycles converging in Oct, but the more I look at it I think the high is going to extend into early 2004.
From there, I expect the sell-off to new lows. (you will know it is the high because ppl will start talking bullish)
