Zeev's Turnips Patch-No Politics (ZEEV)

[porter]

So Z--

Is it Mauldin or Maudlin that we have to fear?<G>

The 2005 Legislative Stock Bill that you present is impressive but I'm just a wee bit concerned about all the "pork belly riders" that China and Company may decide to add on to it.

So far it's been a yuanderful ride but when you look at the charts you see a number of stocks trading between tight horizontal bands that are still considerably lower than many of their old-time highs. If we are still in the old Super Cycle Wave 3 Bull market (and I think we are!) then we are going to be drifting sideways in a Wave 4 plateau phase for a considerably longer time than anyone is projecting or willing to accept.

FWIW, your numbers support a MULTI-YEAR Wave 4 A-B-C formation, thus, confirming the above.

On my timeline the secular Bear will be visiting us near the end of this decade...Hopefully "the man from La Jolla" will hang on till then since his 73-74 calls were impeccable.

Regards
--P