Replies to post #276 on S&P short term cycle swings

[SyndicateTwo]

I count the 2007 high as the beginning of wave 1. I just showed a chart that didn't go back far enough to show the entire thing.

Now Doug Kass is making a major call in that he says yesterday that we've seen the low of your lifetime. And this from one of the biggest bears out there who's been dead on in terms of not only the timing of this entire debacle but in its projection. He runs a short selling hedge fund by profession. So, couple that with his being dead right for the last 3 years and you otta take that seriously. Add to it Robert Prechter of Elliotwave Internation calling this the end of the A wave and you have to be long here.

But the final projections look like the 'C'wave comes in in 2010 to new lows. But for now, ride it!


Look at that chart of BRCM. Breaking out? Or head fake? We'll see!