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 : Charts & Scans
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Daveyk who wrote (2869)5/13/2003 6:37:57 AM
From: Jeff Jordan  Read Replies (1) of 5125
 
Hi Dave,

I don't really know what to expect, as I haven't played the last few months very well. What I do know is the market is trading where it had hoped to be, had the economy actually turned and improved. But GDP is still much weaker than it should be and unemployment is worse and profits not justified by valuations. Since I believe we're deep in fluff now I can't see it getting much fluffier? I would be in better shape had I bought more crappy crap in Oct-Jan....not the MSFT's etc. I see a little temporary easing of the downside momentum due to government spending, however going forward I see the struggle very difficult as margins will be thinner and costs rising. We're in deep shit. Short term stimulus won't last the summer IMO. Oil needs to come down fast and hard and stay steady 6+ mos. under near 20 with lower dollar.....maybe by summer 2004 we can sustain a crappy 3% GDP? We may see a Q near 4% but it would be an aberration or numbers play IMO. The downturn probably start after all my put options expire in June? Feb Apr and May not good months for me....looks like another year of underperformance? I hope for the best but am preparing for the worse. I don't plan planting any new seeds in the market. I went bearish last month when the economic numbers started their double dip? I was expecting the Nas to outperform but not this.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News