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 : The Epic American Credit and Bond Bubble Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: UncleBigs who wrote (54194)2/19/2006 4:05:06 AM
From: westpacific   of 110194
 
This is my point, we have entered the 3rd Kitchin Third...this is the final cycle since the ramp in 2003. This is a DOWN cycle. Yes there is room up into new highs in the DOW. But we are talking what 800 or so DOW points.......remember with cycle work as we near the final phase markets fall like stone.

As we go up into this final cycle, there will be as many stocks creamed as there are rise. In other words - very few will make money. The boyz are distributing hard now.

The other point, at anytime it could reverse, on what event I cannot say - but it will be event driven.

Short term - 2 months or so, I see chop to even a pullback into the 9900 area. At least as of this weekend that is what I see.

As for housing, like I said, 30% of the index new lows, a soft landing - in the months ahead this could become a hard landing.

Near term - this is a suckers game. The charts dictate the trade and will update on my blog for any interested as we go. The technicals rule the talk, words are crap - indicators show sentiment. If you do play short, make sure the stock is overbought!

Longer term - DOW will see 4000 and the business cycle has not been defeated - no matter how much hype they spin.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News