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

To: chainik who wrote (40797)	9/3/2005 4:09:17 PM
From: ild	Read Replies (2) \| Respond to of 110194

<<<last ISEE (1.90 or P/C=0.53) is rather bullish>>> Yesterday there were almost two new calls bought by ISEE customers for every one put bought. Why is that bullish? Yesterday was a down day, but traders heavily bet on coming rally. Anyway what I see is that there is no extremes in sentiment. I placed my bet on market going down into expiration. Also did you see the bull on Barron's cover: Monday, September 5, 2005 BARRON'S COVER Lift Off, Already! Message to the Market By MICHAEL SANTOLI EVERY SUMMER ENDS THE SAME WAY, with the familiar post-Labor Day rituals. Seasonal squatters turn beach towns back to the locals. The kids get new lunchboxes. Sitcoms debut, beginning their short lives in primetime. And Wall Street strategists hit the road with forecasts of a year-capping rally in stocks. That might be a touch too glib, but only a touch. This year, as was the case a year ago, and the year before that, the designated market forecasters at the major brokerage firms are leaning as a group toward the bullish end of the boat. Their collective wisdom holds that the U.S. stock market can climb from 5% to 10% in the final four months of the year. Indeed, the median forecast of our 10 sell-side strategists is that the Standard & Poor's 500 stock index will gain another 6.5% by the end of the year, to close at 1300, with only one seer expecting negative returns. A year ago at this time, the strategists on average predicted a 5.7% rise, also with a lone bear dissenting. In fact, that consensus forecast was exceeded by a 9% rise in the benchmark for the remainder of 2004. The group is plainly betting that this year's script will include a familiar final act. more at the link online.barrons.com