Thanks for posting that Chuck.
Always a good read and like you I have respect for experience and longevity in the markets.
My only slight surprise is that he didn't come to this conclusion earlier, since it seemed to me that the most simplistic interpretation of Dow Theory put us in a mega-bull market back in February, (at least in repect to the Dow).
Anyway it takes guts to say "I was wrong". You gotta give credit for that.
Regards,
geffa
is richard russell a joke, page-4
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