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 : The Epic American Credit and Bond Bubble Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mishedlo who wrote (74300)11/17/2006 4:29:09 PM
From: forceOfHabit  Read Replies (2) of 110194
 
mish,

blah, blah, blah [fatuous drivel and self serving bullshit redacted]...

As for what drove that "bearish sentiment" there is every reason to believe that it was a combination of many factors of which oil may have been extremely far down on the list. Personally I think the housing sector and debt levels and a falling GDP were far more worrying to the stock markets.

Finally. Thanks for your answer to my first question (why do you think sentiment got so bearish). Seems plausible enough (even given the same lack of evidence you complain about for the "oil as key factor" view). But then what about the second question? What changed? (Or do you think sentiment has remained "too freaking bearish" during the rally?)

Personally I don't see much change in any of the three factors you list ("housing sector and debt levels and a falling GDP"),
although arguably the housing slump is bottoming (I don't believe that and neither do you based on your other posts), and GDP has stabilised (likewise?). I do however see a huge change in oil/gas prices at the pump, and a large corresponding increase in broadly based "consumer confidence" type sentiment, which I would guess translates into increasingly bullish "market" sentiment.

So I guess I'm still looking for the answer to my second question, what do you think changed the negative sentiment and caused? allowed? the fall market rally?

foh
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