Written by d_walter on June 30, 2010 – 03:04
From the Citi strategy group:
http://www.reallibertymedia.com/content/citi-weve-gone-panic-complacency-and-now-were-back-all-way-panic
No one knows the future, but the odds of a market rebound keep getting stronger.
As I keep repeating, buying markets when there’s rampant fear is usually a better long-term winning strategy than buying when everyone’s fat and happy.
Written by d_walter on June 29, 2010 – 08:15
If not, then it’s close. Markets turn at the point of greatest fear or greed. Whether this is that point is unknown right now.
Some positive signs include some of the leaders like Caterpillar, IBM, Apple and others having bottomed in May and making higher high prices and higher low prices since even though [...]
Written by d_walter on June 18, 2010 – 05:58
We’ve had a quite a rally over the last week and it’s perfectly reasonable to expect some decline over the next few days to alleviate the overbought readings that now exist. This is options expiration week and for the last seven years, the week following has been overall negative.
What happens after next week should give us [...]
Written by d_walter on June 15, 2010 – 06:45
As is evident from my posts, I don’t put alot of faith in background news in relation to markets.
There’s an old saying in the stock market and that is in bull markets, all news is good news and in bear markets, all news is bad. What I’m getting at is that these days, so much [...]
Written by d_walter on June 2, 2010 – 14:32
The Dow Jones Average was up 225 points today. Our long-term models are bullish and 2 out of 5 of our shorter term models have turned bullish over the last couple of days. Most likely, the correction is over as we are now entering a seasonally strong period of the year. Nothing has [...]
Don't follow the crowd.
