Your Economy (No Politics)

[porter]

B--

I want definitive answers.<GG>

What we do have is a rising wedge or ascending triangle that is a terminal formation. The larger question is for what count? Put me down for Wave 5 of Wave 3 of Super Cycle 3. I do not think the Bear market has begun as yet since we still have more trees to turn into paper dollars.

I am reminded of the New Yorker cartoon where two men are standing at the bow of a boat whose stern is beneath the waves. One gentleman is saying to the other: "So far so good."

While I am somewhat cynical about this economy I am reminded that a cynic is a man who searches for the truth with a stolen lantern.

--P