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Message: Klaus

Re: Klaus

in response to by
posted on Jan 08, 2010 09:09PM

Well, we are so overbought short-term, a pullback of some kind is almost certain sometime next week. But there seems to be so much strength, good volume, with the little guys outperforming, I think we get only minor or sideways corrections until the spring. Probably top out then and have a long, grinding correction for 5 or 6 months into the fall. Then another rally into Jan next year. That's my current road map, but as always, subject to change.

I've been selling bits of anything that pops up and buying stuff that lags. Actually, that's what I usually do, but more has been popping of late. I was planning to cash out this month and take a long vacation, but I hate to quit when things are going so well. Of course, next week could change that, lol......

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