If you've been reading my PROFIT CONFIDENTIAL for some time now, you are obviously familiar with my bearish attitude towards the stock market.

My bottom line is that I believe we are in a bear market, which started in 2000. In my opinion, the recent stock rally we have experienced, from the market lows of October 2002, is a rally within the confines of a bear market. I'm bullish on gold because I believe our debt level, as a nation, could become so overwhelming that the American dollar could take a big hit... maybe even have its value questioned. But again, this is my humble opinion.

George Leong, one of our star analysts, believes the NASDAQ could hit 3,000. And this is George's opinion. A technical guru, George believes that it is very possible for the NASDAQ to regain 60% of its high. If we take the NASDAQ record high of 5,000 and George's theory, 60% of that high would indeed be 3,000.

But I have a different opinion than George does. I just don't see the value in many overpriced NASDAQ tech stocks. In fact, I'm going to do some research today to find out exactly how many stocks in the NASDAQ 100 actually make money.

Mitchell Clark, another star analyst at Lombardi Financial, believes the amount of money North Americans stand to inherit over the next 10 to 20 years is mind boggling. Where will that money go? Into the stock market, Mitch believes, keeping stock prices high. Again, this is Mitch's opinion.

Robert Appel, a lawyer turned stock picker who now practices his craft at Lombardi Financial, says we should all just shut-up, stop wasting our time on market direction discussions, and buy stocks on technical breakouts.

George, Mitch, and Robert all have valid methods of investing and arguments for and against market rallies. And I can't complain, because they have truly delivered some whopping stock profits to Lombardi Financial customers.

But therein lies the beauty of our organization: Different experts delivering different opinions... so our customers have all the views and analyses in front of them.

If there is only one thing that George, Mitch, Robert and I have in common, it is that we believe the big cap stocks are just too expensive... they've become too rich for our taste. And that's why we focus on small-cap stocks.