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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (1216)	7/2/2008 1:24:57 PM
From: Perspective	Read Replies (1) \| Respond to of 3209

<Five years of buying the dip has made us bubbly in the head again. I would not have believed that if you had said it was possible back in 2002.> Yeah, no $hit. Some institutional memory we have. F'ing Alzheimer's if you ask me... `BC

To: AllansAlias who wrote (1216)	7/2/2008 2:00:18 PM
From: Perspective	Respond to of 3209

Shipping failing big today; DRYS violates a clear potential channel line. My post from 5/19: Message 24602636 `BC

To: AllansAlias who wrote (1216)	7/2/2008 2:02:24 PM
From: Moominoid	Read Replies (1) \| Respond to of 3209

At the moment, at least on an intraday basis the indices move in the opposite direction to oil. Commodity firms apart from oil producers are big users of oil. I think a fall in the oil price would push the stock market up.

To: AllansAlias who wrote (1216)	7/2/2008 2:16:16 PM
From: Perspective	Read Replies (1) \| Respond to of 3209

Rails under a lot of pressure, helping cement the $TRAN failure: `BC

To: AllansAlias who wrote (1216)	7/8/2008 10:44:51 AM
From: AllansAlias	Respond to of 3209

We see the mid-caps weakest today and making a new low. This is a function of the nasty technical mess unfolding in oil-related charts. The oil-related stocks are the story of the top companies in the mid-cap indices. ps: Sure looks to me like mid-caps are only in a 3rd wave down here. That means we are yet a bounce and a new decline away from the good rally buying opportunity there. July 2: BTW, as we contemplate a pullback in oil, coal, and other commodities, perhaps in conjunction with a dollar rally starting sometime this summer, it is worth remembering that this will have a significant negative effect on indices. We all know that energy and commodity-related have been on a great run, so now they are a huge portion of many indices. As an example, you look at the top 100 companies in the mid-CAPS -- the biggest percentage are energy and oil-related.