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 : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Trumptown who wrote (47393)	11/6/2003 1:16:04 PM
From: SpecialK	Read Replies (1) \| Respond to of 52237

Greetings everyone, Happy to be back from vacation - I highly recommend ones as long as you can take them. It was refreshing to see the markets head higher, with wonder of why and how. I was in India, and there, the markets are at 3 year highs, soon to challenge the Sensex 5000. Maybe then, it can reach 2000 highs of 6150. While I 2nd-guess the movements higher, I see that it's not following the Nasdaq tech moves, but the entire economy is moving forward. There was a Morgan or Merrill report that was in the news about 2 weeks ago in the papers there, that stated that by 2050, the BRICS GDP will be greater than the current G-7. BRICS stands for Brazil, Russia, India, China, and S?. It even stated that India will have the 3rd largest economy behind China and the US. As much as the markets seem overhyped, overbought, it does seem like the march is steady, not like 99-00. If all of these economies continue improving as they are, there is no reason, to crash back down. I take it as worst case, a correction here and there. That's my macro feeling today. Like OJ says, the charts don't lie. I don't believe it, but when the SIA forecasts 20% growth for next year, I hope they are right. So to those who believe in buying here, what should I put in my shopping list? Of course, I'll take a few shorts considerations to keep some balance. Hope all had a good October. Ketan