upthrust tuesday, page-98

JG,I do have hair but I'm not prepared to say where.

For the benefit of my fellow travellers here I'm more than happy to give my simple take on things that doesn't involve a chart or too much mumbo jumbo.

What we have had here is a market that caught everyone by surprise by its rapid ascent so that what despite anyone might tell you the majority have watched sneak up while they weren't looking and quite frankly they're half spewing.

Therefore over the last week or so as these envy merchants all decided to jump on and those who are sitting on a few shekels through their canny patience have decided it's time to lighten off . As this has ensued the gritted teeth bears who've been bearish all along have come out in force to proclaim that those who are in there are going to do their dough.

This is all stock standard stuff and if it falls 2% or if it falls 10% (which hopefully it can ) it's my humble contention that the political forces pulling the strings have too much planted in this and are still able to summon enough capital and markers in to not let it fall over.

When it does fall over it's going to be an absolute doozy ,but for now there are plenty of opportunities as has been clearly illustrated over the last week or so . I think the yield thing is still on and hopefully that misguided optimism spills over to other ares over the next few months.

Short term I'm bearish ,but that's borne more out of hope than any real conviction