Zeev's Turnips Patch-No Politics (ZEEV)

[mike_m]

Thanks, for your comments jrintl. I don't think I've read Roach.

I'm not falling on a sword about a secular bull. I did point out that some folks (like Don Rowe and even Harry Dent) have argued that we just went through a nasty cyclical bear market and that we remain in a secular bull. They believe that new technology and rotation will drive our markets ever higher. I am sure that they are counting on the Asian markets to play a bigger part in the future. Rowe would argue that there is plenty of fuel for a bull as long as AG primes the M3 pump.

If pressed I would have to argue that we are in a cyclical bull and remain wary of the case for having diversified investments and an open mind.

I am always about 150% invested but find that often some of my positions are boxed or hedged in some manner. It puts a crimp on gains when I'm right about the market direction, but, like Zeev, helps me sleep well at night.