Re: Thanks to the shorts

"Don Tiberone" <s_knight8@xxxxxxxxxxx> wrote in message news:1180756850.970362.187300@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
On Jun 1, 8:53 am, "lubow" <l...@xxxxxxxxxxxxxxxxxxxx> wrote:
Don, I'm still scared. I never believed that sell in May stuff because I
have seen my share of really nice summer rallies.

It's late September, early October that has me worried. I see the national
debt overextended and I see our suppliers of oil wanting CAD or EUR, not
USD.

Even though the news media is expecting a drop in the Fed funds rate, I'm
going contrarian and I'm looking for a raise of at least 50 basis in an
off-election year to help strengthen the dollar (because Treasury is
hopelessly dysfunctional).

When Rukeyser was alive, we could always depend on Marty Zwieg. If Zweig
was worried AND looked worried, then that was the tell to sell.

As long as Ken Fisher is bullish, I'm bullish. Fisher has the best
track record year after year. He's ranked number one on
cxoadvisory.com. I've never seen him ranked below 1st. He was bearish
near the top in 2000 and bullish near the bottom in 2002. Fisher says
the bears are going to get run over and he's been spot on so far.
However, even he admits, this is going to end in tears. But for now,
gotta remain on the bullish side. The bears are going to get
slaughtered for the rest of this year and probably next year before it
all melts down. I'll only start to get worried if Fisher turns bearish.

Yeah, I think he is right barring any major world catastrophes. We will probably have some minor hiccups along the way but I think the rest of the world is pulling us up for a change. Very nice of them to finally do that. ;-) I really think the dollar is not sagging; the rest of the world is just finally catching up to us (and probably Japan). I'm fully invested in US stocks and funds; going long on more foreign ETF's from here. I am glad I sunk a major junk into JAOSX last Dec. It's up about 19 percent since then. Real sweet! ;-)

Thanks for the cxoadvisory.com link. Looks very interesting.

Fred

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