51 replies to this topic

[OEXCHAOS]

I went on record last week (in my newsletters and with Ike) with a pretty bold prediction. I predicted that we are in for the most dramatic reversal in economic fortunes of our lifetimes, or perhaps ever. Things are about to improve DRAMATICALLY on the economic front, and depending upon how things play out, it could be a very long term and very good thing (but let's not put that cart in front of the horse). The market is just now realizing this. There are still a ton of folks who are playing out the 30's scenario. That's dead. Don't be fooled. This isn't like ANYTHING we've ever seen before. Mark

[bullshort]

Where can da rest of us get some of dat stuff what u and da chief been smokin' ?

[Swiss Trader]

I went on record last week (in my newsletters and with Ike) with a pretty bold prediction.

I predicted that we are in for the most dramatic reversal in economic fortunes of our lifetimes, or perhaps ever.

Things are about to improve DRAMATICALLY on the economic front, and depending upon how things play out, it could be a very long term and very good thing (but let's not put that cart in front of the horse).

The market is just now realizing this. There are still a ton of folks who are playing out the 30's scenario. That's dead. Don't be fooled. This isn't like ANYTHING we've ever seen before.

Mark

Why?

A friend of mine (US citizen)....has just received this by mail, as part of the bailout

Things are fine, believe me

[OEXCHAOS]

You guys don't seem me make big dramatic predictions very often. Like maybe once before-- December 1999? Mark

[OEXCHAOS]

Not only do I think we're going to see a huge and dramatic improvement in the economy, I think it'll be faster than anyone thinks. That will translate to the stock market first. Don't be on the wrong side of it and for goodness sake, don't pay a lick of attention to the news. The market has discounted that already. Mark

[Swiss Trader]

Not only do I think we're going to see a huge and dramatic improvement in the economy, I think it'll be faster than anyone thinks. That will translate to the stock market first. Don't be on the wrong side of it and for goodness sake, don't pay a lick of attention to the news. The market has discounted that already.

Mark

Is it true that the S&P is overvalued?

http://www.decisionp...AC/SWENLIN.html

Edited by Swiss Trader, 08 December 2008 - 07:41 AM.

[hedgehawk]

Not only do I think we're going to see a huge and dramatic improvement in the economy, I think it'll be faster than anyone thinks. That will translate to the stock market first. Don't be on the wrong side of it and for goodness sake, don't pay a lick of attention to the news. The market has discounted that already.

Mark

Does this mean that you are fully long?

[eminimee]

you have no argument from me at all....I have us in an X wave up but if we find ourselves above 1010 spx and it becomes support.....I'll give it better odds that we have a very significant low in place. This market did it's finest last week to disembark those of bovine persuasion...a close today above 885 ...1010 area is in the cards... minimum..

[OEXCHAOS]

Not only do I think we're going to see a huge and dramatic improvement in the economy, I think it'll be faster than anyone thinks. That will translate to the stock market first. Don't be on the wrong side of it and for goodness sake, don't pay a lick of attention to the news. The market has discounted that already.

Mark

Does this mean that you are fully long?

No. It means that I wish I was. I intend to get there at every opportunity and that I won't be shorting except for very short-term trades.

[OEXCHAOS]

Not only do I think we're going to see a huge and dramatic improvement in the economy, I think it'll be faster than anyone thinks. That will translate to the stock market first. Don't be on the wrong side of it and for goodness sake, don't pay a lick of attention to the news. The market has discounted that already.

Mark

Is it true that the S&P is overvalued?

http://www.decisionp...AC/SWENLIN.html

Overvalued on the basis of past earnings? Past inflation? Current interest rates? Current inflation? Future growth?

If top line sales were to increase double digits over the next 24 months are stocks cheap or expensive? And in context, which stocks?

Mark