SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Zeev's Turnips - No Politics
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: limtex who wrote (37720)3/5/2002 6:43:50 PM
From: t2  Read Replies (1) of 99280
 
limtex, I also hope for those positive things you noted.
..but..

You have to remember that only a stock market mania can push stocks up the way you are expecting by year end.

If this was 1999, when individuals were getting interested in stocks, I would have agreed with you. The stock market mania had not come to a close by then...as the markets were climbing to new higher every couple of months. The inflows only stopped when we hit the peak by March 2000.
The "negative wealth effect" of the past 1 to 2 years will probably prevent a big gain on the markets and even push the Nasdaq lower to better valuations...that is the reason I say retest..I don't mean it from a TA angle...to me it only means valuations get more reasonable; insider buying kicks in...and more Nasdaq start share repurchase plans. Why are more Nasdaq companies not buying back shares the way the big Dow and SnP names are? To me that is a serious consideration if one wants to make a long term bet on the Nasdaq.

The inflows are exhausted by now. Modest gains is the best one can expect from the stock market. That would still make it a bull market.

Btw--I am still long the market at this point...but just won't get attached to the stocks or the bullish view; imho, that is a mistake. If this was May to september period and the market went up, I could be convinced to be more bullish long term; right now it is short term seasonal inflows.

jmho
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News