Thursday, September 22, 2011

Why I Am So Bullish In the Face of Danger

When Gann Fan Lines break, they are typically re-tested from underneath. This late 2011 decline is virtually guaranteed to be retraced with an early 2012 Spring rally to a potential SPX 1450.

I'd always rather err on the side of bullishness.

New Highs - New Lows are now rivaling the 2009 low...I am buying with both fists, aggressively accumulating stocks on a daily and weekly basis...Worst case risk is somewhere SPX 1075.


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