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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (42289)2/7/2001 11:31:21 PM
From: dennis michael patterson  Read Replies (2) | Respond to of 42787
 
keep us posted on them Rydex numbers. I don't subscribe any more.



To: bobby beara who wrote (42289)2/8/2001 8:17:29 AM
From: NucTrader  Respond to of 42787
 
This from Prophet_time
>> The stock market remains at a
risk posture, but the
'Time & Price' outline continues to suggest that a
rally effort will
commence from a February 07th|09th Low, carrying into
the February 09th|15th
'Timing High Period.'
Subject to a change in the 'Time &Price' information,
the stock market is
anticipated to become very vulnerable and suffer a
significant price setback
from what ever high is recorded during this 'Timing
High Period.'<<
BTW, Bobby, got GOLD!?!



To: bobby beara who wrote (42289)2/8/2001 10:01:54 AM
From: Paul Shread  Read Replies (1) | Respond to of 42787
 
I have no problem with them shooting the triple-digit PEs. Anyone dumb enough to buy and hold em deserves to lose money; that's how we learn how the market works. Even AG can't keep those afloat.

Interesting that they stopped selling the PC-related stocks, which by my measures hit major recession levels.

FWIW, the market finally turned up in Oct. 98 when CSCO hit my downside price target (I think it was 43 or so at the time, not split-adjusted). A similar price for CSCO now would be $24-$25. The market peaked when CSCO took out my upside, which was in the low 70s at the time (140+ pre-split). People with no sense of historical valuations are playing with one hand tied behind their backs, IMHO. Glad they're not playing with my money. <ggg>

The market will begin a sustained advance long before the real economy turns up, but when the market will come to the conclusion that the economy will rebound eventually, I don't know. There's been a lot of talk about the yield curve uninverting, but short-term yields are still higher than 1, 2 and 5 year yields. I'll discount the 1 year because they're getting rid of it, but not the 2 and 5. Real interest rates are still too high, so the Fed still has more work to do, maybe another 50 bp. When the yield curve completely uninverts, I would expect the market to ignite.