rob and jaolsaIsn't it wierd - I, the second biggest bear on the...

rob and jaolsa

Isn't it wierd - I, the second biggest bear on the XJO thread (after Hedgie), am now being cautioned by you guys about getting all optimistic and bullish!!!

I always said that I'd be a bear until the evidence supported me being a bull - now I'm a bull - a cautious bull!

I think my analysis was reasoned and measured - I'm not ignoring the significant resistance ahead. By my definition of bull and bear markets, a security which continues to make higher highs and higher lows is in a bull market.

I cannot ignore these facts. I trade the markets I see, not the markets I hope for. In December '07 I suggested XJO could get down to 4772: it would be nice to be vindicated but it is much more important to me to trade well and to make money than it is to be vindicated.

So... I stand by my bullish call!