The Philosophical Porch Message Board

STOCKTALK

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 : The Philosophical Porch

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rarebird who wrote (2466)	9/10/2007 9:17:48 AM
From: Rarebird	of 26251

Transcendental Market Fragments: Stock Market: By the close of trading on 9/11, Russell 2000 short positions should be covered and long positions initiated. The stock market is setting itself up for a rally and it will pay to be long the major indices, like the Dow, S@P 500, Nasdaq 1000, Russell 2000 and S@P 400 Midcap. I'm no raging bull (or permabear), just a little practical here. Like 2000, the market is likely to trade in a range with an upward bias into early 2008, at which time I think we will either see strong signs of a recession, or the Fed has taken steps which have prevented it. Thus, it still makes sense to buy the next low in the market early this week. The fundamental economic problems really become evident early next year. I say this because the recession is not obvious yet and Insiders are not yet selling heavily. I have very little to say about Friday's (9/7) employment report(outside of the fact that the market takes it seriously), since I have no respect for the principles under which the BLS operates from.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next