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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Terry Whitman who wrote (150696)2/11/2002 7:37:09 PM
From: sun-tzu  Read Replies (2) of 436258
 
terry,

i pride myself on maintaining objectivity. i'm sorry, but i just do not see the market performance as fully pricing in a recovery. imo, you are extrapolating way too far into the future.

the market correctly anticipated the current economic upswing. i'll leave the debate over the accuracy of this inventory replentishment in being truly representative of a real recovery for another post.

suffice it to say, the indices recent action has done nothing to convince me that anything but more pain is coming. all three major indices are now in IT and LT downtrends. ST is up for debate. that being said, i'm currently long but hear me clearly, i view this as nothing more than one of the best developing shorting opportunities ever.

and to all on SI, as well as terry, please view these rather eloquent and enlightening charts courtesy of Gottfried and Didi:

suite101.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext