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 : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (13347)	11/3/2002 10:15:50 PM
From: LTK007	Respond to of 30712

The Bull is all lathered up this weekend, a lot people sweating they are missing the boat, may well bring a new rush of money tomorrow from the BHOA, the group that WS loves above all others.Max BagHoldersofAmerica.

To: Justa Werkenstiff who wrote (13347)	11/3/2002 10:43:27 PM
From: LTK007	Read Replies (3) \| Respond to of 30712

J.T. has called the latest bottom the twin to 1974 and is now in ultra bull status <<1974 went on to record 39 out of 47 weeks net positive buying by the NYSE members. What does it all mean? The elusive BOTTOM has come and gone and most will miss this continued massive leg up as it frustrates those trying to get on board the long train on any pullback. Best Regards, J.T. >> FWIW. P.S. This J.T. call is NOT a swing trade call, he is saying this it it, load the boat and relax; as per the 74 model you have 2 years of rock-on ahead of you.

To: Justa Werkenstiff who wrote (13347)	11/4/2002 12:06:38 AM
From: Justa Werkenstiff	Respond to of 30712

Ike Iosiff made my points today in an interview: "It should be noted that both the U.S. dollar and equities rallied in tandem coming off the September '01 lows. confirming the up-tick of economic activity that took place in the first quarter of 2002. This is not the case now. The dollar has broken down if it takes out 105, and more importantly 103.54, the downside target is 93. That is a 12% from current levels. That means U.S. financial assets would have to rise by an equal amount, so foreign investors can break even! If you are a foreign investor, you do not wait for that, you take your money out of the U.S., by selling U.S. financial assets, and you buy Eurobonds. Under such scenario, U.S. equities and bonds will come under considerable pressure. More importantly, a decline in bonds, will raise interest rates and negate any benefits from a FED rate cut, choking the housing market. In my view, this divergence is conveying plenty of information to anyone who is paying attention. Up to now, U.S. mutual fund managers have ignored the fundamentals and they have been buying high beta speculative stocks, in order to "juice up" their battered funds and improve their under-performance. Such mindless lunacy can, and indeed may drive the market higher in the very short-term, but expecting the market to be 10% higher two months later, while the U.S. dollar is 10% lower, is a pure fantasy and a tale that can only be concocted by the same Wall Street "experts" who have been calling for a market bottom or the last two and a half years. " aegeancapital.com