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 : Strictly: Drilling II
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Art Bechhoefer who wrote (25271)1/10/2003 12:27:49 PM
From: nspolar  Read Replies (2) of 36161
 
Art, on MMM, chart (mainly EWave analysis) indicates it has topped and completed a 5th LT wave up. It should start a correction down, and if the market corrects hard it will be a good correction.

I like some of the others on my list better, like the financials - C and JPM for instance - but I like to spread it out. Most shorties are licking their chops over banking/financials here, for fundamental reasons. If you look at the banking index it as well looks to be primed for a big fall.

I'm buying out in time Art, mainly Jun/July and even some Jan 04.

Many large companies have a lot of pension fund problems coming up. Some like 3M may also be affected by a weaker dollar.
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