ZEEV, I just had a long conversation with Tommy Dorsey, after getting him on the phone by accident. He was very generous with his time, considering who he is (like someone else I know).
Anyway, I am happy to say I made use of the lucky contact with him and asked him a few questions about the market. I found it very interesting that he stated that his P & F studies still suggest a LOWERING of interest rates (a stance I saw him publicly take for the past year or so on CNBC, etc., and a stance for which he was ridiculed publicly more than once.
He also said that his charts a suggest a "defensive" posture at this time with the market in general.
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