Replies to post #4880 on A.I.M. Users Bulletin Board (AIMUSERS)

[areokat]

Tom
The big question is whether this latest was the first or second bottom!

Here is a link and a snip from today's Jubak article.

http://moneycentral.msn.com/content/P29012.asp?special=msn

<snip>
I believe that the current rally will fail, leaving us stuck in a bear market. I believe that we'll revisit the July lows once more. And I believe that this bear could well end just as the 1973-74 bear did -- after crushing one last promising end-of-the-year rally so cruelly that lots of investors swear off equities forever.

If he's right then watching the IW like a hawk might help one get through the valley.

On the other hand, history repeats but not in detail so if everybody is looking for another bottom and the market rises without them...?

TomK