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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (80904)	8/28/2008 10:31:23 AM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 94695

Increase in consumer confidence, lower drifting oil, and a stronger U.S. Dollar is going to fuel a recovery in U.S. stocks... there may still be more bank failures, but this is no longer new information, the worst has already been factored into these markets, and if the worst never happens these markets are going to soar... the SP cash has created a bullish pennant over the past 2 weeks... everything is pointing to higher levels... also, with rising oil prices due to a possible hurricane, the market still managed to rally yesterday, this means the market is no longer worried about oil prices, the SPs could reach 1500 before this year is out...BWDIK GZ