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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: skinowski who wrote (9330)11/16/2008 5:33:11 PM
From: robert b furman  Read Replies (1) of 41420
 
Hi SnS,

Hard to imagine record low interest rates, combined with new emerging markets(India and China) that have huge growth potential,being fueled by fiscal stimulus on a global basis not giving us a recovery (albeit with a time lag).

Inventories are low.This last leg down came after a depressing year of slowing growth.

Bottoms are made with scariy dips that are countertrend to the short but positive price action of false starts.

They must grind and project the image that they can never have a lasting recovery.

This grinding lets down every advance and then morphs into a bull after about 6 months of sideways after a huge decline.

My bet is we go sideways and GTC lowballs will accumulate some long term "How did you ever get them that cheap stock".

Of course when this deal reverses we'll all wish we had bet the farm.

Then we'll never admit we were scared to death to even add to what we did.

Been there and done that before - damn weakling as all my money had been spent.<smile>

Bob
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