More negativity.
#1
Posted 16 September 2007 - 07:59 PM
SeekingAlpha.com
Look at these articles people are submiting... one after another.... Some depressing stuff..
http://seekingalpha....sector/usmarket
* Jeremy Grantham: Train Wreck Spotter?
* Yield Spread, Employment Data Forecast Recession
* Nine Reasons The Fed Can't Save Stocks
* Economists: Probability of U.S. Recession in 2008 Almost 60%
* Retail Sales Remain Good But Deteriorating
* What's So Troubling About Tomorrow?
One after another.. And its everywhere... Any website you look at is full of this stuff. Even Greenspan on CBS proclaiming tough times.
#2
Posted 16 September 2007 - 10:15 PM
For sure I am a negative guy on the market next week. Triple witching on Friday so the usual, of course not always, is to have a down week with a bounce on the following Monday; the 24th. Rate cut by Fed is IMO "baked in the market" so it's sell the news. Seasonally this is a nasty time of the year for the market. Looking to go short Monday the Russell 2000 with TWM.
Best to you
johngeorge
#3
Posted 16 September 2007 - 10:17 PM
ogm
For sure I am a negative guy on the market next week. Triple witching on Friday so the usual, of course not always, is to have a down week with a bounce on the following Monday; the 24th. Rate cut by Fed is IMO "baked in the market" so it's sell the news. Seasonally this is a nasty time of the year for the market. Looking to go short Monday the Russell 2000 with TWM.
Best to you
The perverted thing about "sell the news" is that when just about everyone is expecting the news to be sold.. its usualy a very short lived sell-off
And there is certainly a concensus out there that the rate cut is "priced in" and should be sold.
I think thats exactly what we'll have. We'll have a fast drop, as the news is being sold and bears pile in screaming "I told you so !", and then recovery.
Edited by ogm, 16 September 2007 - 10:19 PM.
#4
Posted 17 September 2007 - 05:05 AM
#5
Posted 17 September 2007 - 07:40 AM
It's cover for the Fed. And not just the Fed. The Europeans are way behind the curve on this one. The news HAS to be as bad as possible so that Central Bankers can cut without seeming soft on Inflation, undoing their efforts.
This is suposed to drive down LONG yields, too, not just short yields.
Mark
Yet another website that I open looking for ideas is full of negativity.
SeekingAlpha.com
Look at these articles people are submiting... one after another.... Some depressing stuff..
http://seekingalpha....sector/usmarket
* Jeremy Grantham: Train Wreck Spotter?
* Yield Spread, Employment Data Forecast Recession
* Nine Reasons The Fed Can't Save Stocks
* Economists: Probability of U.S. Recession in 2008 Almost 60%
* Retail Sales Remain Good But Deteriorating
* What's So Troubling About Tomorrow?
One after another.. And its everywhere... Any website you look at is full of this stuff. Even Greenspan on CBS proclaiming tough times.
Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
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#6
Posted 17 September 2007 - 10:16 AM