I changed my mind
#1
Posted 18 August 2007 - 06:44 AM
The future is 90% present and 10% vision.
#2
Posted 18 August 2007 - 09:02 AM
#3
Posted 18 August 2007 - 09:17 AM
The future is 90% present and 10% vision.
#4
Posted 18 August 2007 - 09:21 AM
#5
Posted 18 August 2007 - 09:30 AM
Don't forget all that money that was flowing into now illiquid CDO's.
On the other hand large cap liquid stocks don't look particulary expensive here.
Overall stocks as an asset class are underrated here.
OGM and TP. I think I am gonna look a fool - I scrap my FF again, as i have re looked. I cant read this market. I have no idea now if the lows are in or not.
I still keep my overall bullish scenario, but this market can do anything now. if lows are taken out then panic will come in. If the downtrend line its take out, then maybe we melt up.
I dont think this is a protracted bear market and I personally dont see a repeat of 2000 etc.
i apologise for my confusing posts and chnging of mind!!!
The future is 90% present and 10% vision.
#6
Posted 18 August 2007 - 09:31 AM
Odd favour the upside looking at the charts.
The lows are likely already IN.
I changed my views becasue I dont think I have been thinking clearly recently. I think I got caught up in the sell off and now have had a chance to reflect my views on this.
As many will know I have been rampantly bullish, but was loooking for this correction to last longer.
I plan to be trading the long side probably from now to the endof the year.
So you're 100% long now?
#8
Posted 18 August 2007 - 09:42 AM
Guys, I stay bearish.....Here is the reason why.....Charts
Those stocks aheve been going down for over 2 years now. looked like some capitulation and the obv turing up. Maybe too early? I dont know just what i see and i see the trend is still down generally.
if the market keeps going down and credit worries persist, i am thinking we could see a quicker response from the fed. i guess that is part of my core money ss/liquidity viewpoint.
The future is 90% present and 10% vision.
#9
Posted 18 August 2007 - 09:50 AM
#10
Posted 18 August 2007 - 09:56 AM