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 : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: RR who wrote (58318)	6/1/2003 1:37:24 PM
From: RR	Respond to of 65232

Market - and pondering thoughts. - Bulls still control. Moo - So much overbought. Growl. - Some, however, show more up. Moo - SPX went through 950 and up as forecasted last week. Moo - SPX at critical point, 965. Get through it. Mooooooo - SPX not get through it. Growl. - Some gurus say near top. Growl. - Uh, May has come and gone and didn't go down. Moo. - Sell in May and go away. Sell in "June" and go away? Growl - Doom and gloomers still saying crash, but they been saying that for months and months while others got lots of profits. Moo - Doom and gloomers still calling a real estate bubble. They been saying that for what, at least 2, maybe 3 years, yet housing in some areas hasn't missed a beat. Moo - Recovery second half? Many businesses I deal with forecast so in their planning, especially in 04. Moo - Summer hum-drums, though. Growl. - Would not be surprised for market to have a breather any time. Growl. - Valuations out the gazoo! Growl - So what? Uh, hasn't this market been trading with high valiations for quite a few years, and oh yeah, many became millionaires because of it, too. Moo - But, some got greedy and lost it, too. Growl - Short/ intermediate/swing trader, put the ole chart on 30/60 mins and trade the chart, for all the above don't mean squat. Moo - Long term holder, history on your side. Dollar cost average the turtles. Moo - The sun will shine tomorrow. Moo Now back to the hammock. RR