+108, page-60

re: look for shorts between 10920-10950 He called the tech boom crash in advance, got people into banks and financials and added 40% to the tech rises - any problems with that?

Basic fundamentals of supply and demand run a market.

There is 3 to 4 good years left. Do some educated research (read - pay for it). Here's Mclellan's most recent summary, note this is not the subscription I follow, but I respect Mclellan's view:

BOTTOM LINE

Stock prices should rally strongly from here through June. The corrective period we expected into early February has been accomplished in a sideways manner, with strong breadth readings, meaning that once the cycle low is gone the strong market should prevail. Look for tech to lead the way (are YOU kidding? Tech?!), and for the energy sector to wane, that is until the 2nd half of 2006 when resurgent oil prices will bring energy stocks back into play, and all other stocks to the brink of collapse.

Now is the time to start getting out of bonds, taking advantage of any rallies as selling opportunities.

The inflation forecasted by higher gold prices is now going to start to matter for bonds. Gold itself is terribly overbought, and likely to undergo a big fall to correct that. But the effects of its recent rise will be felt elsewhere for months to come.

Plus I note some of you are following Mclaren - good move. And he is calling it up.

Enjoy it while you can.

A 40% rise is nothing, I notice all the dooms dayers with their references to previous periods. When I look at the graphs presented it doesn't take blind freddy to work out the primary direction is up and there is a lot of money looking for a home. Go check the volumes at 10,400 - that is when the market decided it was game on.

I'll enjoy re reading this thread in a few months time.

Phil