The Disconnect
#1
Posted 06 May 2007 - 03:24 AM
- Graffitti
#2
Posted 06 May 2007 - 04:46 AM
#3
Posted 06 May 2007 - 08:04 AM
way too much focus on volume, breadth and divergences - they really haven't mattered
My response to you is that I; like you, do not post very often on this board. Since I have followed various posters here over the last few years I have learned to respect certain individuals over others. You are one of the posters I pay attention to when you do post. You are one of the few that have taught me a thing or two here on this board. I am glad you said what you said for the most part since you have reflected my opinion about such bearish sentiment not only here but most everywhere I look. The crowd is way overboard on this bearish view and tells me the market is more likely to explode to the upside at this point rather than have any kind of a significant selloff. That selloff is coming but who knows when that will be. As long as I see this kind of bearish sentiment I remain long. Time will tell us who will be right so like you I have my stops.
Dennis
#4
Posted 06 May 2007 - 12:52 PM
My response to you is that I; like you, do not post very often on this board. Since I have followed various posters here over the last few years I have learned to respect certain individuals over others. You are one of the posters I pay attention to when you do post. You are one of the few that have taught me a thing or two here on this board. I am glad you said what you said for the most part since you have reflected my opinion about such bearish sentiment not only here but most everywhere I look. The crowd is way overboard on this bearish view and tells me the market is more likely to explode to the upside at this point rather than have any kind of a significant selloff. That selloff is coming but who knows when that will be. As long as I see this kind of bearish sentiment I remain long. Time will tell us who will be right so like you I have my stops.
Dennis
agree in principle..but how does one gauge the sentiment..what is 'way overboard bearish' or vice-versa..where do you get such data? message boards (this one?)? AAII? p/c?
#5
Posted 06 May 2007 - 02:30 PM
#6
Posted 06 May 2007 - 03:48 PM
Mark S Young
Wall Street Sentiment
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#7
Posted 06 May 2007 - 04:18 PM
The weak dollar has a very positive effect on the large international companies' earnings.
Their PE ratio is still relatively low as you can see here: DecisionPoint.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#8
Posted 06 May 2007 - 07:13 PM
Top will be in very shortly, sorry to rain on your parade.
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#9
Posted 07 May 2007 - 06:30 AM
My response to you is that I; like you, do not post very often on this board. Since I have followed various posters here over the last few years I have learned to respect certain individuals over others. You are one of the posters I pay attention to when you do post. You are one of the few that have taught me a thing or two here on this board. I am glad you said what you said for the most part since you have reflected my opinion about such bearish sentiment not only here but most everywhere I look. The crowd is way overboard on this bearish view and tells me the market is more likely to explode to the upside at this point rather than have any kind of a significant selloff. That selloff is coming but who knows when that will be. As long as I see this kind of bearish sentiment I remain long. Time will tell us who will be right so like you I have my stops.
Dennis
agree in principle..but how does one gauge the sentiment..what is 'way overboard bearish' or vice-versa..where do you get such data? message boards (this one?)? AAII? p/c?
I comment on it from time to time (every other week) in my interview and I post stuff here and in the Market Analysis area. Other than that, you gotta cough up a couple bucks.
And I'm thinking we don't have nearly enough Bulls, but it's not as far from enough Bulls to get a pullback as some think.
It's going to get tricky in here real soon. Sentiment should go all over the map.
Mark
Mark S Young
Wall Street Sentiment
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http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter