SI
SI
discoversearch

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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: Henry J Costanzo who wrote (173825)11/24/2008 2:47:53 PM
From: The Freep  Read Replies (2) | Respond to of 209892
 
I viewed the semis as in the same beat up category, but certainly we're getting leadership from some beat up commodity sorts (I see AEM up 50% in three days, for example, and on great volume...unlike the rest of today's rally). One problem is that everything is so beat up it's kinda silly to talk about the "really" beat up stuff. What's more beaten than C, ya know?

Anyway, I have no clarity in the wiggles or in the bigger picture so I can only say we need to see some structure rather than moonshots or depth plunges. Assuming we get a pullback at some point, it will be key to watch it, imo, for our first real clues. Right now, anything can happen... and anything can lead (except today... GOOG!)



To: Henry J Costanzo who wrote (173825)11/24/2008 2:54:35 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 209892
 
May I suggest add emerging markets (VWO, EEM, BKF, etc) to the "early participant" list? I've been using both commodities along your lines (DBA DBO DBB, basically oil, aggies and base metals) and emerging markets and the latter do seem to "percolate" a bit sooner than the commodities. At least recently.

At recent prices on both categories, I've been tucking some away for the long haul. I mean, the world's not gonna come to an end, meteors in Alberta notwithstanding...