Strategies & Market Trends | MARKET INDEX TECHNICAL ANALYSIS - MITA


Previous 10 | Next 10 
To: Lizzie Tudor who wrote (17124)5/8/2003 8:18:12 PM
From: Alex MG   of 19216
 
you claimed to be short some of these at one point or another, I guess you sold which is ok but I wonder what would prompt someone who was fervently bearish to cover something like amzn or macr, was there a realization just this week... or earlier?

lizzie, we had this discussion before

i asked you to show me where i ever said i shorted those stocks, you just conveniently didn't respond to my post #reply-18836928

MACR, another stock which i've NEVER traded

so I'll ask you again, back up your BS with some facts... show me where i even mentioned those stocks, you must know because you keep bringing it up

Share Recommend | Keep | Reply | Mark as Last Read

To: Alex MG who wrote (17112)5/8/2003 11:19:17 PM
From: J.T.   of 19216
 
However, as an alternative, if the indices do successfully test these moving averages over the course of several weeks, then it will be clearer a longer-term low has been established and long positions will be warranted.

This is what they call the point of recognition- and it will be too late. Rhodes is already violating his own Trading Rules #1, #2, #4. Trading Rule #13 then gets violated as he will try to play catch up for the losses this year and press trades. Rhodes already missed the second half of Rule #17.

Best, JT

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: High-Tech East who wrote (17114)5/8/2003 11:21:38 PM
From: J.T.   of 19216
 
Looking into driving out an RV and tailgating.

Will have banners on the RV: Wisconsin Badgers - 3 Time Rose Bowl Winners in last 10 years.

Hope you will join us on the victory ride to Happy Valley Stadium. <g>

Best, JT

Share Recommend | Keep | Reply | Mark as Last Read

To: SpecialK who wrote (17116)5/8/2003 11:23:00 PM
From: J.T.   of 19216
 
Live in Madison, WI area.

Best, JT

Share Recommend | Keep | Reply | Mark as Last Read

To: High Country Trader who wrote (17117)5/8/2003 11:31:43 PM
From: J.T.   of 19216
 
4 of the 6 gurus in the contest are losing money in an up year for the market.

LOL.

Thanks for helping shed my "guru" skin last year. <g>

Market sentiment internals in great shape.

Prechter Indicator superb, Rydex sentiment excellent (3 X 1 Temp over Tit etc.),Market Vane
great, Consensus fine - II not good (but beaten like a borrowed mule).

Best, JT

Share Recommend | Keep | Reply | Mark as Last Read

To: yard_man who wrote (17118)5/8/2003 11:32:57 PM
From: J.T.   of 19216
 
Remember my PM to you several weeks back about the first full week of May?

Best, JT

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: Alex MG who wrote (17112)5/9/2003 4:13:24 PM
From: NOW   of 19216
 
"The impact is clear in the bond market": how so?

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: J.T. who started this subject5/9/2003 4:22:20 PM
From: dvdw©   of 19216
 
Nice Close, all that covering end of day showed the extent of where and how much pressure was being applied throughout each short attack. There were several attempts today to bring this pup down. Each successive attempt made it increasingly clear that the accumulation by investors is strong. I see Blue Sky breakouts everywhere across my universe, very pleasing to see.

Share Recommend | Keep | Reply | Mark as Last Read

To: NOW who wrote (17131)5/9/2003 7:22:15 PM
From: Alex MG   of 19216
 
bond market?... i don't have a clue

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: Alex MG who wrote (17133)5/11/2003 9:10:41 PM
From: Alex MG   of 19216
 
Investors piled a total of $12.9 billion into stock funds in April according to AMG data. This was the largest inflow of cash since the $17 billion in April 2002. The resulting rally has pushed us to new highs. However, the first week in May has only seen an inflow of $1.1 billion to equities and taxable bond funds saw inflows of $3.4 billion. Money Market accounts saw inflows of $13.4 billion. Does anybody see the clue here? Of the nearly $18 billion of cash flowing into investment vehicles only 6% of it actually went into stocks during the week ending May-7th. The money is there and available for instant infusion but the lack of conviction is very apparent.

Part of that lack of conviction came from a Goldman Sachs survey of CIOs from large corporations that was announced on Friday. The CIO survey showed they saw no increase in tech spending in 2003 and only a +2-5% increase in 2004. They said the current overcapacity left over from the tech bubble was preventing any need to upgrade. The companies overbought during the height of the tech bubble and the massive layoffs and cutbacks over the last couple years has idled much of that equipment. With excess capacity in every area they said it would take a substantial recovery some time to require new buying.

Countering the Goldman Sachs survey Intel President Paul Otellini said that they see strong demand in China and they expect a "slight" recovery in the semiconductor industry this year. He said the Centrino chip had met full expectations and Chinese demand remained strong. This is particularly strange since all other reports out of China are for a sales slump of from -5% to -20% due to the SARS panic. Numerous chip/tech companies have already warned about slower sales and lower earnings. Either those companies are using the SARS ate my earnings excuse now that Iraq is over or Otellini has been inhaling chip dust too long. In predicting a chip recovery he said "the past year has been so bad that the semiconductor sector can only improve this year." I don't know if that is positive or not. If sales were off -50% last year and they gained a "slight" +1% this year that would be an improvement but I don't think investors are thinking in those terms.

sentiment results from Investors Intelligence survey shows 56% of newsletter writers are now bullish with only 24.4% bearish... at the market top in March 2000 the rankings were 55.7% bullish and 26.4% bearish.

excerpts from asianinvestoronline.com 

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)
Previous 10 | Next 10 

Copyright © 1995-2013 Knight Sac Media. All rights reserved.