I'm sitting here waiting for the markets to tank and Larry Edelson from Weiss Research reminds me not to expect any sort of bashing any time soon. I thought he might be a little bit far out on that limb, but, so far, he's been right on track.

Below a small part of his post yesterday drumming up business for his newsletter with a couple of backup charts re cycles, etc.:

http://www.moneyandmarkets.com/major...

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"Six weeks ago, on March 12 and again on March 16 in a related column I write, I told my readers in no uncertain terms that "major market moves are about to unfold" and that "there's oodles of money to be made over the next few months."

For the Dow, I forecast that "a powerful, multi-month rally is about to begin that could eventually see the Dow rise to over 10,000, a gain of almost 50 percent from current levels."

Similar gains, I said, were in store for the S&P 500 ... the Nasdaq ... Hong Kong's Hang Seng Index ... the Shanghai Composite ... Japan's Nikkei ... and for Europe's and Britain's markets.

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.......Thus far, we are merely witnessing a major bear market rally. The rally could turn out to be something much bigger, even a new bull market. But so far, the evidence is way too inconclusive to say with any certainty."