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 (26635)	9/5/1998 11:08:00 PM
From: Greg Jung	Read Replies (1) \| Respond to of 94695

Sure, lower rates are short term positive but its a negative in the debate. Besides, the financials are toast for a while regardless of macro factors. Maybe we'll start getting toasters again when we open a new account. You're still thinking in the mode, "slow down is good", but slowdown/recession is what is spooking the market. See transports, finance. Dr. Richard Mueller, who is currently #1 rated of market timer guys, sees bottoming here (later) in what he calls cyclical bear market, but then a secular bear beginning next year. As far as I know this guy just makes money on his subscriptions: most other traders I've heard pontificating have (also my own) bias for higher stock prices. I can see a small recovery but with the world in a tailspin I doubt it will get very far. The financial movers have been put on a pedestal and we have some disillusionment to be factored into the market. Greg