I am surrounded by vacillation.
Some would call it flexibility, I’m sure. Or not getting married to a point of view. Or open-mindedness. That’s fine. But person after person and company after company that had declared THIS IS IT! only days ago has now completely run for the hills (or, more accurately, hoisted a Bullish Flag above their fortress). Even here on Slope, I come to find out that the most stalwart, bloodthirsty bears have only committed a few percentage points of their portfolio to that disposition.
The straw that broke the camel’s back tumbled into my inbox just moments ago, when, of all parties, Elliott Wave began the most frantic backpedaling job I’ve ever seen and stated………
New lifetime highs, huh, boys? All I can say is that, if that doesn’t happen, don’t you DARE take credit for calling the bear market. Expressing BOTH opinions simultaneously doesn’t mean a goddamned thing.
