Thursday, October 20, 2005

Ouch... Ouch...

Yes, I feel the pain of this correction, which is often a good sign. When I see the market plummeting and I'm sick to my stomach, this usually signals a market bottom. And then there's the so called market gurus such as Bob Pretcher from the Elliot Wave Theorist, who is expecting the market to crash. Read more about Bob Pretcher: click here. With so much pessimism out there, all the pieces are in place for a market rally. We'll see...

1 Comments:

At October 21, 2005, Blogger mmb said...

Well, I guess that explains what's happening to my portfolio. I was beginning to think someone was syphoning money out of it without my knowing.

 

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