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 : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Paul A who wrote (17928)1/3/2002 6:32:46 PM
From: rogermci®  Read Replies (3) | Respond to of 19633
 
Paul...As Tom pointed out this morning, business spending and cap investment is probably going no where. It's the consumer that's kept the economy afloat. And the favorable conditions that have accompanied that as he mentioned, will soon come to an end.

I think this is simply a mini bull rally within a secular bear market, technical in nature, driven by a lot of short covering, seasonal factors, and an accomodative Fed providing a sea of liquidity.

I'm heavily long myself hoping this carries through the first quarter. If you followed me, I got real bullish and long the last week in August, got killed the first 2 weeks in Sept, but leveraged up and have held tight since. But I'm gone as soon as I sense a change in psychology.

FWIW
roger



To: Paul A who wrote (17928)1/3/2002 7:23:28 PM
From: Tom Hua  Read Replies (2) | Respond to of 19633
 
Paul, thanks for the field report. It's mind boggling to me that every guest on CNBC is reciting almost exactly the same tone about the expected economic recovery. It's like one guy said it first and the rest just followed. Sometimes I wonder, hiding under those expensive suits and impressive titles, do they really think independently?

Regards,

Tom


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News