MDA - Market Direction 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 : MDA - Market Direction Analysis

SPY 689.10

0.0%

Jan 23 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Boplicity who wrote (78392)	6/11/2001 9:43:46 AM
From: KyrosL	Read Replies (1) of 99985

Valuations and the level of public participation do not bother you? At all other significant market bottoms valuations were much lower than they are now, and public participation also much lower. During the first three months of this year a record $155 billion flowed into US portfolio investments from abroad, most of it from Europe (IMO, this is the main reason of the continuing strength of the dollar.) They are "buying the dip" on a grand scale. In my experience foreigners are invariably wrong when buying US "bargains." I wonder what happens to the market (and the dollar) if these flows stop, or, heaven forbid, reverse.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next