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S&P 500
7,109.14
(
-0.24%
)
US TECH 100
25,932.80
(
0.24%
)
Dow Jones
49,442.56
(
-0.01%
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Brent Oil
91.20
(
0.58%
)
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(
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Ace Hanlon

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Ace Hanlon

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Re: chainik post# 373839

Thursday, 03/24/2005 3:37:04 PM

Thursday, March 24, 2005 3:37:04 PM

Post# of 704047
Very short term this market can do anything. And I am not smart enough to predict it.


But I am convinced we are headed considerably lower (whatever the day to day jiggles) before a low-risk buying opportunity develops.

This decline (which I consider to be phase 1 of a cyclical bear) is no more than half over IMHO.


“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi

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