Your market terminology.
Firstly, of course thank you for your great service and help in navigating the market. Secondly, I noticed that quite often you are using the term "cautiously bullish"? I am sorry, I am not trying to be picky, but I don't understand it. In my experience one can be bullish (expecting rising market), bearish (expecting falling market) or neutral (hard to say what next). The "cautiously bullish" does not really help in my understanding of market. I would say I have only 3 options - I can buy, I can sell or just do nothing. The "cautiously bullish" does not match any of these criteria. Can one also be "cautiously bearish" ? Again, my apologies if that sound harsh. I am not trying to be difficult. But whenever I see your "cautiously bullish" I don't know what to think about it. I just take it as neutral. Maybe I am missing something? So once again thank you for your support, reports and commentary. I wish you all the best. Robert