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 : Waiting for the big Kahuna

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: HairBall who wrote (29778)10/1/1998 7:36:00 PM
From: Haim R. Branisteanu  Read Replies (2) of 94695
 
LG, be careful, treasuries are below 5% or actual 4.88% they are risky as hell and the Yardeny mechanical indicators maintains that the stock market is 19% undervalued.

Now take a look at 1929, you will see a selloff, small bounce, sharp selloff neutralizing the bounce, and then a rally.

I really believe we are in this mode. Until the recession will really filter in it may take a while.

Several big wigs controlling tons of money are not buying now but after Brazil reelection will start buying.

The markets in Europe were outright brutal, I anticipate a relief rally for Friday into next week.

Remember markets are manipulated and every one knows by now TA and acts accordingly. You must be VERY NIMBLE.

I also think we are entering oversold region by now, and Japan is supposedly passing the banking restructuring law this Friday

Fundamentals work better IMHO.

BWDIK

Haim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext