Yes, I fully agree... "serious" is a relative term here, maybe a nice down swipe to the mid or lower 1000's... I'm actually overall bullish for the 4th quarter of this year... since 1950, in the 4th quarter the markets have rallied 70% of the time... and since 1950, when the 2nd and 3rd quarters were declining consecutively as they have this year, the markets have rallied in the 4th quarter 100% of the time... so, I think we're going to see a serious rally sooner than later, just my hunch...<g>
GZ |