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 : Waiting for the big Kahuna

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Death Sphincter who wrote (1498)6/26/1997 10:10:00 PM
From: Cynic 2005   of 94695
 
Carl, your "bull bear pig" analogy deserves some more dissection. Right now there is no doubt that the Bulls qualify to be the pigs, If S&P drops 10% that puts valuations still above 20 PE. Given that scenario, who will be the pigs then? bulls or bears?
My take is that if the market drops into poor earnings and a possible recession scenario emerging, bulls will still be the pigs. If such a market drop is just a technical thing, then the bears will be the pigs. BTW, swift corrections are quie common. The correction that ended in mid April took 6-8 weeks to unfold and 2 1/2 weeks to recover. Unusual times call for unusual market conditions.
-Mohan
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext