Silicon Investor (SI) -- The First Internet Community

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 : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: marek_wojna who wrote (21151)	7/22/2001 8:21:53 PM
From: westpacific	Read Replies (2) \| Respond to of 30051

Market timing, charting, techinicals, trending - all that matter. Talk is nothing but hype and hope. Let the technicians speak, they are the only ones I bother to follow on SI. Keep hoping and take no time to monitor technicals and your money will be gone. Spending 12 hours charting today here on Sunday. If you want to win you have to do the same. West

To: marek_wojna who wrote (21151)	7/22/2001 10:22:46 PM
From: bela_ghoulashi	Read Replies (1) \| Respond to of 30051

Seems to me this person has an unhealthy vendetta that is entirely and corrosively personal. Everyone who makes market calls on SI makes boners and huge mistakes. Few of us expect anyone to be perfect: we are mostly just looking for the benefit of additional insight. If you have read any of Zeev's posts, you should realize he not someone promoting insanity or unrealistic hopes. Quite the opposite. What is insane and unrealistic is singling out one individual for this constant obsessional abuse.

To: marek_wojna who wrote (21151)	7/22/2001 11:36:01 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 30051

Marek, welcome to our modest abode. I am not sure how long you have been following this thread, but "unrealistic hopes" is the last thing you will find here. There is a constant (rational or not so rational) exchange of opinions, George, Mish, few others and I are currently the main bears, Larry "rolls with the punches", catching trends up or down as they develop, Jay and few others are active shorters, but are quite nimble and take profits when offered, Bernie is on vacations and 100% in cash. I doubt you will see here "unrealistic hopes". If your reference is to my argument earlier today that the Dow maybe higher than 11,000 by next January, I would like to point out to you a little noted fact, of the 30 Dow Ind. companies, I believe only few INTC, HWP and EK are showing declining earnings, this year. Sure the rest are showing declines in the rate of growth, and you can make a huge argument about the "quality" of GE's and IBM's earnings, but the rest of the list will actually show YOY growth, not as much as before, nevertheless, growth. I would be very happy to discuss some specifics opinions you might have, but first, you will have to be a little more specific as to the "insanity" MJ is pointing to. Unfortunately, I have put MJ on "Ignore" a long time ago mostly because his language was crass and offensive, he never addressed issues, only persons and personalities, so maybe I have missed some valuable contributions. I don't mind at all, since I have not the slightest interest to engage him in a cyber discussion again. You may note that on this thread we have many opposing opinions, but these do not degrade to personal attacks, half truths, name calling or character assassinations. Please come back and we may try and sink teeth together into some real issues and rationale (or irrationales) as to where the market might go short term or longer term. Zeev

To: marek_wojna who wrote (21151)	7/22/2001 11:45:55 PM
From: westpacific	Respond to of 30051

Marek - this market will not go up, at best we can hope for an L shaped recovery. And IMO that is at best. Before the L develops we could see much more pain. It all comes down to one issue, and one issue that many fail to address. CREDIT DEBT, it is at almost unheard of and obscence levels never seen in the history of this great republic. It will be the major thing that keeps this market churning out at best meager returns for a few years to come. Once this is worked off, we can resume the great technology experiment. Remember all experiments require capital. Heard today even NASA is cutting back on the space station budget. Biotechs turned to the public market when they could no longer raise private or government funds to drive their research. All the best, and stay a bear - risk management is all that matters for at least one more year, my prediction is for any sort of recovery at best starting early 2003, and that may just be a whimper. More like 2004 to 2006 from what I can see. This is all based on what I have read, researched - and I live and breath the economics of this global economy. This debt is not only in America, but all emerging economies and other G8 nation. Japan, France, Britain, Germany - and the band played on. All the best. West