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 : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: Sharck who wrote (28280)6/17/2001 5:40:14 PM
From: Frederick Langford  Read Replies (1) | Respond to of 37746
 
PMCS will warn, and that warning may signal the short term bottom for PMCS, or not <G>

FYI, I had dinner last night with an old Wall Street buddy of mine. This guy has been one of the best market timers I've ever known. His accuracy has been unbelievable.
For his longer term calls <cycle> he uses age/population as a major indicator, a la Harry Dent.
He told me last night that the current scenario reminds him very much of the PRE ROARING 20's. He said the population/age and the technicals mirror 1921 or pre roaring 20's where HUGE gains were made after an extremely bearish scenario in the early 20's.
Appearently in the early 20's no one wanted the Blue Chips of their day i.e. GM etc, it was doom and gloom everywhere.
He believes that the similarities in the ages of the population during the early 20's combined with similar technicals, means the next cycle after this current bearish cycle, will be a huge bull run lead by, guess what, the internet sector, will take use to around 2009 where a true Bear will emerge as the Baby Boomers grow old and quit spending.
He believe that population boom of the 60's will take us to this Bull move. However after the 60's there has been no additional Baby Booms to pull us out of the 2009/10 scenario. He is looking to make some serious purchases in the Internet Sector over the next year to ready his portfolio for the huge bull run to come.
Will he be correct? I have no clue, but his track record is spot on. Just something to think about on this Father's Day 2001.

Fred



To: Sharck who wrote (28280)6/17/2001 6:57:06 PM
From: tom ablett  Respond to of 37746
 
Hi Sharcky, how's the weekend.
Note of interest, Brian Acker of Acker Finlay was on ROBTV on Friday and he is saying that PMCS is definately going to warn this week. He didn't say they were shorting it but I wouldn't be at all surprised if they were. He's a real straight shooter and widely admired every time he's on the program.
robtv.com
half way down this page click on Brian Acker to watch the show, I think he's worth it.
Tom A.