Technical analysis for shorts & longs 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.

Strategies & Market Trends : Technical analysis for shorts & longs

SPY 662.72

+0.4%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Judy who wrote (15154)	1/26/1998 7:14:00 AM
From: Ms. X	Read Replies (1) of 68124

Judy, Thought I would throw an observation your way. I had asked myself awhile back, a basic economic question. If Asia starts to recover, wouldn't the dollar drop and gold start to recover? Wouldn't it also be true then that bonds would drop and interest rates would rise? Possibly the price of oil would go up? I'm sure these questions are basic but I'm not an economist. It does appear that this is happening now. Asian bullish percent indexes have had supply drying up for a month or so and it looks as if demand is coming in. hmmm. My next question is: If the interest rates rise, which is usually bearish for the market, could we opine (I love that word) that since the NYSEBP hasn't been unable to gain support with interest rates going down, it will do even worse with the interest rates going up? Add a conflict with Iraq and viola! Time to have puts on the Dow. Yes, No? With the way the market is structured now, solid long term investments need to be initiated with the FA and TA firmly in place. With the market being bearish, trades would be best taken on the short side. Obviously, there will be those bucking the trend but I'm speaking of an average. Do you agree? Interesting thought: If stocks have been beaten down because of their exposure to Asia, do they now start to look attractive with the thought of a recovery in Asia? Contrarian to what most are saying in the media. Instead of avoiding them maybe we should be seriously looking at them. Wheew, how taxing. I'm going back to bed.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next