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 : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (1067)10/21/2001 3:53:08 PM
From: marginnayan  Respond to of 99280
 
S&P OUTLOOK - Better Days Ahead

Substantial monetary and fiscal stimulus should prop up the economy

Arnie Kaufman is editor of Standard & Poor's weekly investing newsletter, The Outlook
Date 10/19/2001


Risks, obviously, are high. The recession, terrorism and the market disappointments of the past 18 months make it impossible to confidently take a positive stand on stocks now. Still, there's a good chance that the bear market low was seen on September 21 and that we are in the stage when stocks move upward, if irregularly, in anticipation of a business recovery.

While some prominent companies last week met or exceeded recently lowered earnings expectations, we wouldn't count on a lot of upbeat reports in the period ahead. We at S&P now expect third- and fourth-quarter GDP to fall 0.8% and 2.0%, respectively, vs. our earlier forecast of 0.6% and 1.6% declines. We have further cut our estimate of 2001 operating profits of companies in the S&P 500 to a 23% decline from the 2000 level.

Bear markets end, however, well before the news generally improves and earnings turn upward. Investors begin placing bets that the combination of monetary ease and natural cyclical forces will pull the economy out of its slump. This time around, the Fed has been easing unusually aggressively, and when the federal tax cuts and spending programs finally get through Congress, the overall stimulus will be massive.

The anthrax scare last week stalled a rally that was already meeting resistance from overhead supply of stock. Still, the pullback was modest and orderly. S&P technical analyst Mark Arbeter says it's common for as much as 50% of the gains in the key market indexes to be retraced before the uptrend resumes. The halfway points are 1026 on the S&P 500 (now at 1073) and 1570 on Nasdaq (currently 1671).

Seasonal influences should soon become more favorable. Historically, market gains in the six months from November through April have exceeded by a good margin those from May through October.

This may prove to be an opportune time to accumulate depressed stocks with good long-term potential.



To: Zeev Hed who wrote (1067)10/21/2001 4:17:30 PM
From: getanewlife  Respond to of 99280
 
Zeev, Sorry late reponse, just came back from a trip. The delta phenomenon was supposedly discovered by Jim Sloman in 1983 in Chicago. He sold it for over a million to Welles Wilder who then applied this 'delta order' to commodity and stock market prediction. It was claimed to be able to predict both future and past with extreme accuracy. NOw you buy this thing for $175 because one of the original memebers who payed over 35,000 decided to break the rule and ...the secret was about to be revealed ... Welles then patented this thing ... Now we can have it. Too good to be true or it has lost its value, or a scam!!

gf