Greetings, George. I greatly appreciate your posts and share many of your thoughts about the Bush/Iraq situation.
On the stock market, I must say that I am concerned about missing the train here, especially with Zeev's view that things are about to pop upwards in a big way. His exuberance is very much a surprise to me. I respect his opinion, but for someone who thinks the markets can go quite a bit higher here is fairly rapid order contrasts with the lateness of his entry into markets when they were substantially lower.
Saville, in my reading, seems to be saying that the market is very risky at these levels. He continues to place a great deal of emphasis on the markets reaching new lows in 2004. He is not saying that conditions are presently in place for that down draft to occur, offering various indicators.
Thus, I am conflicted. I have missed much of the rally since last October. What are your thoughts?
Cheers!
Market Data 
Markets 
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