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 : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: Bucky Katt who wrote (11882)11/29/2002 11:04:53 AM
From: Jibacoa  Respond to of 13094
 
The fact remains, the only thing holding up the US economy is FED induced liquidity, and at some point that becomes unsustainable.

From an "economic" point of view, things don't look too good.<g> (If UAL will have to file for Chapter 11, that could trigger the next move to the down-side).

I remain unconvinced about the present rally that started on October 10 ( I may change my mind if the DOW can close above 9,420 <g>), but will try to enjoy it until it breaks down below the 8,400

In the mean time ,how does GRIC looks to you ? <g>

Message 18285033

RAGL

Bernard



To: Bucky Katt who wrote (11882)11/30/2002 3:27:48 PM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
Maybe just the tip of the iceburg? As I have mentioned before, I have a good buddy who owns a collection agency, and his business has never been better...
The fact remains, the only thing holding up the US economy is FED induced liquidity, and at some point that becomes unsustainable.


William:

I'm in complete agreement with the economic picture... Things looked bad in 1982... I had all my money in cash and missed the start of the super bull market...

The market has been signaling a better 2003... Until proved otherwise, I'll be riding the ups and downs to hopefully higher highs and lows... If the OEX closes above 525 and the NDX closes above 1230 we're off to the races... In the short term the above tests will signal whether the economists are right or the market is right... A major correction would be bad for all of us... 795 NDX support and 385 support is where the war for 2003 is won or lost... In the end I think the positive signals the market has been sending will be a precursor to a higher market and better economy in 2003...

Jim