please read this and prepare accordingly, page-88

Richard Russel is just basically an old TA'er who thinks he knows everything.

Quite amusing that mid last year he finally turned bullish and admitted he was wrong, right near the top of the market. Forget the 4 year bullmarket before that.

Individual share prices are usually quite inefficient, however, on the whole Indexes are usually much better indicators of the true pic. They also start to buy the next bull market well before the end of the bear. No one rings a bell at the bottom and calls all aboard again.

quite amusing that everyone calls end of commodities during olympic slow down. If china doesn't need commodities anymore then why did they sign long term contract at massive price increases?

Factories in shanghai (a very long way from beijing) have been shut down for the olympics. Everything has stopped.

Bears don't last long on HC cause they usually get banned for multiniccing, so have to sign up with a new name. Ihavenoidea, sausageman,itoldyoutosell, investmentidioit, ihavenoclue etc....... same as noifsorbuts???

Who want's to be a bear, they are just depressing. And since the world will end tomorrow then what is the point anyway?

And FYI extreme leverage has been around for a very long time. ie. what fuelled 20's bull market and early century US property markets.

choice