happy easter everyone, page-85

HBG - Yes, I am familiar with Dent's writings and I like his ideas although such a scenario could get overruled by the present crisis in banking. However, one old saying around the market is not to get in the way of the Fed and at the moment, I really think they will print what ever it takes to get them through this crisis. It will be left to the next generation to sort it out. However, at the end of the day, I try not to let whatever is going on in the background (try being the operative word here) affect my view on what the charts are saying. I am well aware that the technical situation is far from clear and I may be dead wrong about this being a base but taking into account sentiment and all those good things, I still feel I have a reasonable chance of this being a bottom.