Stock Attack II - A Complete Analysis Message Board

STOCKTALK

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 : Stock Attack II - A Complete Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lee Lichterman III who wrote (8434)	6/2/2001 3:39:34 PM
From: Peace	Read Replies (1) of 52237

Hi Lee, The NAPM is saying manufacturing is in the dumps. That means with all the fed cuts behind us and all the money being pumped in to the system, you can bet that this index will only be up 6 to 9 months from now. Remember the market is forward looking (a discounting mechanism) and the last top of 3/00 came well ahead of the economy slipping down, and you can bet that the market will bottom well ahead of the economy picking up. Dont look for that 5th wave down. 3 waves is a correction, thats what you got from the peak to the april bottom. The primary bull market is alive and well, just a correction of the excesses. The second wave down in the new bull market may mislead a lot of folks in to thinking 5th wave down, but the 3rd wave up will fix those misconceptions. Cheers. Peace

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next