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To: Return to Sender who wrote (5231)7/18/2017 5:31:25 PM
From: The Ox1 Recommendation

Recommended By
Return to Sender

  Respond to of 8239
 
From your link in the previous post:
“Right now, (hedge fund exposure) is at a very high level,” Goepfert said. “In the past, when we’ve seen that — and it’s only been this extreme a handful of times — stocks have declined over the next 1 to 3 months.”
I would tend to agree with the above time frame. Especially if we see the US markets move up over the next month (to 3). We have the solar eclipse heading our way in a month. As weird as it is, these events often coincide with market trend changes, so that would also give a green light to the 1 to 3 month concept.

Here's a very simple indicator but one that I've been tracking for years. We have nearly reached the 2485 target set in this chart back in 2010:



Keeping in mind that targets such as this one are ballpark areas.

Here's a chart that was posted by Chip on another thread, that implies we're comfortably surfing the top of the fork's range:




To: Return to Sender who wrote (5231)7/18/2017 5:33:21 PM
From: robert b furman2 Recommendations

Recommended By
3bar
just™

  Read Replies (2) | Respond to of 8239
 
Hi RtS,

Personally it is like seeing a long lost friend walk thru the door.

HEY EUPHORIA - where you been?

October of 1998 to March of 2000 = 18 months and the game is still hated?

This puppy has hit new highs and the millennials are still using their credit cards for Starbucks.<smile>

They are serial late bloomers I suspect so too will be their Wall Street lesson.

Euphoria's party has yet to begin IMO.

15 years of consistent accumulation in semi companies whose service business covers 40% of their overhead expense, is almost as good as owning a Chevy dealership - in a world where chips truly are become ubiquitous:

PCs

Laptops

smart phones

the cloud

the internet of things

G5

artificial intelligence

robotics

machine learning.

If you have steadfastly invested in chip equipment makers and the chip companies it is far more ubiquitous and growing faster - almost exponentially compared to our younger days.

In my world , with patience and luck - the 15 years of accumulation equals a 10 bagger at least.

Some where around then the millennials, will be maxing out their credit cards and becoming independent investors/entrepreneurs, sound familiar?

This top has yet to begin - when the fang stocks go sideways for 6-10 months - I'll begin worrying.

Bob