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Jay Steel wrote:
>
> Guy Stone wrote:
>
> > I agree with you, but what is your timing? In the next month, six months,
> > year?
> >
> > Sincerely, Guy Stone
>
> Technically I would have to allow as long as 12 months, however instinct
> leads me to believe 3 to 6 months would be more like it.
>
> Yes I still hold to this scenario despite today's recovery, as a matter of
> fact only new highs would be enough to change my mind.
>
> Maximus Profitus
> Jay Steel
Jay,
Thanks for helping me crystalize my stock market outlook. I can see
that the stock market should attain new highs perhaps as soon as 3 weeks
from now and will maintain these lofy heights for perhaps as long as 3
months from now after which all the conditions will be ripe for the
beginning of a bear market move. Watch for SPX circa 1067 circa 11/21.
Contrarily,
Norman
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