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 : SiliconInvestor All Stars Forum -- Ignore unavailable to you. Want to Upgrade?

To: $Mogul who wrote (1463)	10/18/2007 11:08:09 AM
From: 10K a day	Respond to of 1718

Maybe. w/ the dollar hitting new low it might be a breakout to the abyss.

To: $Mogul who wrote (1463)	10/18/2007 11:11:48 AM
From: Real Man	Respond to of 1718

Bottoming? From where? SP is down 40 points from all-time highs reached last week. We could easily double that before bottoming, IMHO.

To: $Mogul who wrote (1463)	10/18/2007 11:37:41 AM
From: SouthFloridaGuy	Read Replies (2) \| Respond to of 1718

It's all about global growth. With no end in sight to housing, it's difficult to see how US growth holds and then ultimately how global growth holds. However, for now, there is no sign that global growth is slowing enough to reallocate to cash/bonds from stocks. Rates are too low. Maybe 2008 is the year, maybe 2009. But I would say there is a 99.9% chance of a 20% peak to trough drop by 2010. The only question is from what level? Not worth it to give up potential mania blow-off top before that.

To: $Mogul who wrote (1463)	10/20/2007 7:59:29 AM
From: Real Man	Respond to of 1718

Monday will likely be the ST bottom.

To: $Mogul who wrote (1463)	10/20/2007 9:03:35 AM
From: Real Man	Respond to of 1718

X that bottom call. No clue now, Fed cut vs another credit storm next week. Credit spreads are blowing up again, some past August. They widened significantly this week, and that's not related to expiration, which is why the probability of another cut increased significantly to 100% and treasuries got bought. Technically I can see a bottom on Monday, but this development is not bullish. There are no bears now either, not even me, nobody dares to short the October cut, so... perfect timing for a BK. In other words, no clue if this is over or not. So, I'll just stay out of this market, count some flies on the wall, not buying Monday bottom.