38 replies to this topic

[da_cheif]

Financials are retailers are leading right now.

When the market topped the last 2 times, financials and retailers started rolling over while fewer and fewer major stocks and a few late cycle sectors kept pushing the market higher.

Right now, the late cycle sectors such as energy, steel, and equipment haven't even come off the lows yet (OIH, X, CAT, etc.)

So I think this market has a long way to go before it runs out of gas.

We are already in the longest running period of 10-yr. yields under 2% in 50 years.

Cheap money floating around for that long combined with the Fed printing like mad usually creates giant stock market and real estate bubbles, we are not even close yet.

giant wont be no bubble......it will be only the half way pt of the mother of all bull mkts....40 k is easy to see because of the shrinking dows divisor which is a multiplier now........whats coming will frighten most to death.....a once in a lifetime move that few will make a dime on.

[ogm]

Financials are retailers are leading right now.

When the market topped the last 2 times, financials and retailers started rolling over while fewer and fewer major stocks and a few late cycle sectors kept pushing the market higher.

Right now, the late cycle sectors such as energy, steel, and equipment haven't even come off the lows yet (OIH, X, CAT, etc.)

So I think this market has a long way to go before it runs out of gas.

We are already in the longest running period of 10-yr. yields under 2% in 50 years.

Cheap money floating around for that long combined with the Fed printing like mad usually creates giant stock market and real estate bubbles, we are not even close yet.

giant wont be no bubble......it will be only the half way pt of the mother of all bull mkts....40 k is easy to see because of the shrinking dows divisor which is a multiplier now........whats coming will frighten most to death.....a once in a lifetime move that few will make a dime on.

Lets do the math ... Dow divisor is currently 0.13 or so. Approximately means 1 point of any dow component move translates to 7.5 point move in the index. Which means that average Dow stock is priced at 63 or so. To get to 40k we need and average dow stock to be priced at about 170.

So how do we get to 40k ? Show me the math.

Edited by ogm, 23 March 2013 - 07:54 PM.

[pdx5]

ogm, you are posting some really useful information here. Lots of actual numbers and actual stocks, which to me is better than cycles, full moon, Bradley, high tides, PMS and all other such stuff. Plz keep up the good work.

[PrintFaster]

Thousands of traders still determined to pick tops lately.

Lots of bears were decimated the last four years betting against:

The U.S. Consumer
The Fed
The ECB
The BoJ

Retail is leading.

Evidenced by new world record lifetime highs in RTH Friday.

[attachment=20547:rth0323.png]

[da_cheif]

Financials are retailers are leading right now.

When the market topped the last 2 times, financials and retailers started rolling over while fewer and fewer major stocks and a few late cycle sectors kept pushing the market higher.

Right now, the late cycle sectors such as energy, steel, and equipment haven't even come off the lows yet (OIH, X, CAT, etc.)

So I think this market has a long way to go before it runs out of gas.

We are already in the longest running period of 10-yr. yields under 2% in 50 years.

Cheap money floating around for that long combined with the Fed printing like mad usually creates giant stock market and real estate bubbles, we are not even close yet.

giant wont be no bubble......it will be only the half way pt of the mother of all bull mkts....40 k is easy to see because of the shrinking dows divisor which is a multiplier now........whats coming will frighten most to death.....a once in a lifetime move that few will make a dime on.

Lets do the math ... Dow divisor is currently 0.13 or so. Approximately means 1 point of any dow component move translates to 7.5 point move in the index. Which means that average Dow stock is priced at 63 or so. To get to 40k we need and average dow stock to be priced at about 170.

So how do we get to 40k ? Show me the math.

>To get to 40k we need and average dow stock to be priced at about 170. <........no kidding.....ever hear of a stock split???? .........so at dow 1600 in 87
when i promised 10k.......i was bombarded with......"show me the math".....nothing much has changed.....apparently you havent been doin this stuff that long...

[da_cheif]

Thousands of traders still determined to pick tops lately.

Lots of bears were decimated the last four years betting against:

The U.S. Consumer
The Fed
The ECB
The BoJ

Retail is leading.

Evidenced by new world record lifetime highs in RTH Friday.

[attachment=20547:rth0323.png]

bears.....i love them all.....they keep the equation tilted in favor of the minority bulls.........snort 675 ono

[ogm]

Financials are retailers are leading right now.

When the market topped the last 2 times, financials and retailers started rolling over while fewer and fewer major stocks and a few late cycle sectors kept pushing the market higher.

Right now, the late cycle sectors such as energy, steel, and equipment haven't even come off the lows yet (OIH, X, CAT, etc.)

So I think this market has a long way to go before it runs out of gas.

We are already in the longest running period of 10-yr. yields under 2% in 50 years.

Cheap money floating around for that long combined with the Fed printing like mad usually creates giant stock market and real estate bubbles, we are not even close yet.

giant wont be no bubble......it will be only the half way pt of the mother of all bull mkts....40 k is easy to see because of the shrinking dows divisor which is a multiplier now........whats coming will frighten most to death.....a once in a lifetime move that few will make a dime on.

Lets do the math ... Dow divisor is currently 0.13 or so. Approximately means 1 point of any dow component move translates to 7.5 point move in the index. Which means that average Dow stock is priced at 63 or so. To get to 40k we need and average dow stock to be priced at about 170.

So how do we get to 40k ? Show me the math.

>To get to 40k we need and average dow stock to be priced at about 170. <........no kidding.....ever hear of a stock split???? .........so at dow 1600 in 87
when i promised 10k.......i was bombarded with......"show me the math".....nothing much has changed.....apparently you havent been doin this stuff that long...

Stock split ? Which one ? GE at 23 ? or AA at 8 ? ... Maybe a reverse split But it doesn't matter, because dow divisor is periodically adjusted anyway to account for that. Not many stocks have held up the market cap of 500 bil for long so far. At 40k down just about everyone one of them should be 500k market cap. Not going to happen anytime soon.

Edited by ogm, 23 March 2013 - 09:07 PM.

[redfoliage2]

Okay, no top for the stock market and stocks are at bargain prices. There will be tons of profit to make if you buy stocks at the current prices......... Is this all your bulls trying to say?

[pdx5]

Okay, no top for the stock market and stocks are at bargain prices. There will be tons of profit to make if you buy stocks at the current prices.........
Is this all your bulls trying to say?

I needed that

[PrintFaster]

I'm sure that AAPL, GOOG, PCLN, CRM, AMZN, etc. and other "glam" stocks are ready to announce stock splits, but they are waiting for the most inopportune time for the bears in order to make sure such announcement has maximum effect.

Edited by PrintFaster, 24 March 2013 - 03:41 PM.