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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: ItsAllCyclical who wrote (22532)3/8/2005 3:40:38 PM
From: Roebear  Read Replies (1) | Respond to of 108906
 
IAC,
The coming recession..., why IAC, you obviously haven't taken your CNBC dose today, GGG! Speaking of which...

Dick Arms was on CNBC, I turned the sound up for that. He was talking about the indexes being in a trading range of 7500 or 9000 to 12000 for up to 16 years (2005 being the 5th year of the cycle), just like the last two sideways cycles last century. (I think he saw the hook coming from the curtains so he went from 7500 to 9000 for the low end of the range, lol!)

He said buy and hold was for the bull market but timing is the thing now.

OK, back to work,

Roebear



To: ItsAllCyclical who wrote (22532)3/8/2005 4:41:06 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 108906
 
I dunno Stratfor still thinks it's all China's fault ...
Everything is rosy in the US...
Message 21112738



To: ItsAllCyclical who wrote (22532)3/9/2005 9:31:23 AM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 108906
 
CNBC - "let's get the Party Started"

Deja Vu Party all over again...

re: Crude Oil Prices.

yesterdays - quotes:

Fidel Gheit:

- "yes, Crude Oil is trading in a bubble... Speculators are driving the market"

Lee Raymond CEO Exxon Mobil:

marketwatch.com

- "The chief executive said he doesn't believe that the basic market fundamentals of supply and demand support the current spot oil price of $55 a barrel, and haven't for some time."

- "One has to be very careful of this," Raymond added. "Oil is a commodity and it's hard to find any commodity that doesn't have a lot of cyclicality."

Cyclicality.... imagine that...what a concept.

Boom begets Bust, Bust begets Boom, Boom Begets Bust, Bust Begets Boom...the Cure for High Prices is always High Prices...

Anyone notice the "Deja vu all over again" - mania nature of CNBC interviewing Oil Traders on the Floor here of late...with Maria Bartiromo breathlessly pimping the interviewee as to - "what all the (open outcry)excitement is ?"...and then having the Oil Trader give us a May Meeker-esque pump job on Crude going to the moon.... ?

It is snowing outside in early March (whodathunkit?) and an Oil Trader gushes that "it's a Blizzard out there".... the day before it was 62 degree's...

Spec's are begining to resemble hormone ramped Frat Rat's chasing shadows around corners at Last Call...

Patience is going to offer a Portfolio Weighted opportunity equal to buying Goldstocks at the bottom ...via shorting Oil & Energy Stocks atop an emerging Speculative Top.

People are commenting that $50 Crude has not negatively affected the Economy.

"has not" ... is correct.... but, it will...

tic' toc`

...there is a significant lag time to where Energy & Commodity Prices will both effect American & Global Economies and Inflation.

Interest Rates are rising....payments on Variable Rate Mortgages, Credit Cards and Consumer Loans are going up.

Insurance on Homes is going up.

Property Taxes are ramping on Homes due to the Housing Bubble.

Healthcare is ramping.

Utilities...heating & cooling costs are ramping.

We are seeing prices begining to be passed thru to finished goods from rising commodity/chemical prices.

Imported Goods rise in Price via a falling USD.

So far, we have had a wageless, zero savings economic recovery...one instead built entirely upon debt leverage & creative finance.

Consumer Income is flat....while costs and expenses are ramping....but, the US Consumer has been sedated on the Opiate of getting Rich whilst he sleeps...as his Crib has become his ATM Card...

No 'mo better' recepie for disaster exists...

tic' toc`

PATIENCE will be highly rewarded...