at worst a flat day Monday imo-gg
Barrons Cover
Started by
n83
, Oct 13 2007 07:36 PM
8 replies to this topic
#2
Rich
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Posted 13 October 2007 - 08:31 PM
I believe that market crashes are caused by large imbalances in the fundamentals and not in the technicals. I don't see large imbalances in either at this time. Comments?
Rich
#3
milbank
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Posted 13 October 2007 - 09:11 PM
Considering it was 20 years ago this week, it would shock me if Barrons DIDN'T put the anniversary of the '87 crash on it's cover.
It's also a good point from which to compare today's markets and economy to those that precipitated the crash in 1987.
"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw
"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe
#4
Mtrader
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Posted 13 October 2007 - 09:21 PM
Great news for the bull. Thanks Barrons.
You are on your own. This is for demonstration only.
JV
JV
#5
denleo
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Posted 14 October 2007 - 12:49 AM
Great news for the bull. Thanks Barrons.
I don't think the market will crash. The conditions are not right for it.
But in October of 1997 CNBC run a special about 10 year anniversary of 87 crash, and Futures magazine had a cover of a crash.
10 days later the market dropped 13% including a 7% drop in one day.
Sentiment has nothing to do with it.
Denleo
#6
pdx5
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I want return OF my money more than return ON my money
Posted 14 October 2007 - 01:43 AM
Market will crash when IT WANTS TO.
Not when NY Times wants to.
Or anybody else for that matter.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#7
Tor
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Posted 14 October 2007 - 07:51 AM
Market will crash when IT WANTS TO.
Not when NY Times wants to.
Or anybody else for that matter.
market will crash when most least expect it IMO.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#8
dcengr
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Posted 14 October 2007 - 11:04 AM
The contrarian says:
It will not crash because everyone knows about the crash 20 years and 10 years ago, and there's too much media coverage of it.
The contrarian to the contrarian says:
It will crash because everyone thinks it won't crash because of the above fact, and therefore loaded up the hilt waiting for the upside crash that will result from it.
Just looking at the sentiment polls, people are NOT positioned for a crash.. if anything, they're positioned for an upside crash.
Qui custodiet ipsos custodes?
#9
milbank
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Posted 14 October 2007 - 01:09 PM
NOBODY expects the Spanish Inquisition! Our chief weapon is surprise...surprise and fear...fear and surprise.... Our two weapons are fear and surprise...and ruthless efficiency.... Our *three* weapons are fear, surprise, and ruthless efficiency...and an almost fanatical devotion to the Pope....
http://people.csail....panish/t11.html
http://people.csail....panish/t11.html
"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw
"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe
