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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (15241)6/14/2004 8:45:23 AM
From: austrieconomist  Read Replies (3) | Respond to of 110194
 
ild - the Update you requested. I have it 3-1-2. The change from the last report belongs to Lowry's, which now has its Selling Pressure Index declining to multi-year lows. I have reduced my net short position accordingly. It appears to me that the sharp declines many of us on this thread see are not in the cards immediately. Short term, the rebound is "overbought" and due for a pullback IMO.

bullish: James Stack - InvesTech
Dan Sullivan - The Chartist
Lowry's Investment Research

neutral: Ned Davis Research

Bearish: John Hussman
Richard Russell (but he hasn't pulled back his recommendation that aggressive speculators consider long the Diamonds and Spyders)