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Blackbelt1

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Blackbelt1

Re: lexus300 post# 5244

Monday, 12/13/2004 5:01:00 PM

Monday, December 13, 2004 5:01:00 PM

Post# of 51861
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your certainty goes in the bulls' favor. :)

I would feel a wee more comfortable with a put-call ratio a hair lower--could happen soon of course.

Also, irrational exhuberance can continue for weeks, months, and even years in some cases.

The last few weeks have given me a bit of respect and humility concerning Hurst cycles. At a minimum we will likely see the upward momentum arc over into the New Year. Depending on fundamentals, we could see a substantial selloff--or not.

Black

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