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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (42015)6/12/2003 8:42:44 AM
From: AugustWest  Read Replies (1) | Respond to of 57110
 
Hey, remember about a month ago with the Barron's poll of money managers?
This one #reply-18911151

And my comment was
Message 18914135

well heree we are barely a month laterr and everyone is now expecting 1/2 cut.
that's a CUT or reduction in interest rates.
So now EVERYONE has gona a complete 180°

Obviously the economy continues to go into the shitter.
IGNORE what the talking heads say.
Look at what companies ARE SAYING.
INTC while raising lower end rev ests.
Also reduced the upper end of rev. ests.

Than MOT and NOK say their biz is going lower, much lowerr.
and yyesterday it was Texas Instrruments.
We're in confessions season and the companies are speaking volumes about the second half.
But the talking heads and analysts are just talking louder
But talking out their ass.
And the markets continue higher.
Wall of worrry? Perhaps.
Or it shows, as I have said many many times
How desperate the average J6P is to relive the glory days of the tech bubble.

So if you're nimble, trade it
If not, I reiterate, just sit patiently and wait for the miners to come to you.
slowly build your miners positions.
There will eventually be a disconnect between the techs and the miners.
Sit tight on your miners and add when the opt arises.

Okay, end of morning rant.
Not even sure where this one came from<GGG>



To: Jorj X Mckie who wrote (42015)6/12/2003 11:11:23 PM
From: Challo Jeregy  Read Replies (1) | Respond to of 57110
 
overbought

I hesitate to say though -
could that be a hound? -ng-
I would imagine that there is mucho oil/gas and
some funds in the amex?

btw - I've never seen bp's at 100% before.
Is there a first time? -ugh-