Summer Move
#1
Posted 31 May 2007 - 11:50 AM
#2
Posted 31 May 2007 - 11:51 AM
Edited by hiker, 31 May 2007 - 11:52 AM.
#3
Posted 31 May 2007 - 11:58 AM
shift in position is noticed!
have you not been bearish for at least a couple years? I may not have read all your posts, but catch many of them..
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Hiker We have been trading and selectively long since 2003 but generally very conservative. Last two years we have been concerned over the fundamentals and the fed. Now we suspect that things will pick up since a recovery is due - we seldom realize we have been in a recession until it is almost over. We are still over 50% Global on equities, but feeling encouraged.
Best Islander
#4
Posted 31 May 2007 - 12:11 PM
And the "point of recognition" continues.We are still over 50% Global on equities, but feeling encouraged
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
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#5
Posted 31 May 2007 - 12:25 PM
"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/
#6
Posted 31 May 2007 - 01:12 PM
Interesting...long term bear capitulating. Likely means market is just about ready to come down into July.
Too many bears out there IMO. Those getting more bearish as the market rises. Talk about fighting the tape!
The future is 90% present and 10% vision.
#7
Posted 31 May 2007 - 01:27 PM
#8
Posted 31 May 2007 - 01:49 PM
Based on what?keep buying. downtime soon
And would you mind defining "soon"....seems like "soon" has been a long time in coming.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions