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Why do so many people on RT think we are due for a long term down turn? I
know it has to
be at least one technical reason but what fundamental reason is there to
believe that? The
blue chips have an average PE of 15 .. earnings are still growing at a
healthy rate and we
have little inflation. The country is fully employed and oil has at least
stabilized. Do we put
our money on some chart marks or bollinger bands or elliot waves or on
facts? My take on
the equity markets are that they will continue to climb hesitantly up the
"wall of worry" with
slips and stumbles along the way but belief in a long term down trend will
have to show up
on my "facts of the economy" list before I can join that camp.
Bob
At 08:22 AM 3/4/2006 -0500, you wrote:
> You are correct. Lets at least wait untill he is proven wrong or right,
>before we make comments on it. If we don't make a new high over the next
>few weeks. He is correct. If we do make new highs. He is wrong.
>My vote is for new highs after this probably very small correction.
> I will say that he worded it a little supicous, but it may have need a
>mistake.
> When someone says the top is in but gives no time frame it does make it
>seem like there is no way for them to be wrong.
> Does he mean the top for this week? The top for this month?
> Or as it seems that he said. The top is in. Meaning the bull is over with
>a bear for years.
> Hard to know and understand when someone makes quick statements with no
>explainations.
> But overall Ben seems to be a good guy and helps a lot with his posts.
>
>----- Original Message -----
>From: "Dan Harels" <harelsdb@xxxxxxxxxxx>
>To: <realtraders@xxxxxxxxxxxxxxx>
>Sent: Saturday, March 04, 2006 1:19 AM
>Subject: Re: [RT] mkt outlook
>
>
> > Bob,
> >
> > There are many bright people on this forum and ridicule, no matter how
> > subtle or "clever", does not encourage dialog.
> >
> > Dan
> >
> >
> >>From: "Bob" <BHEISLER@xxxxxxxxx>
> >>Reply-To: realtraders@xxxxxxxxxxxxxxx
> >>To: <realtraders@xxxxxxxxxxxxxxx>
> >>Subject: Re: [RT] mkt outlook
> >>Date: Fri, 3 Mar 2006 18:38:18 -0600
> >>
> >>How could it have been wrong?
> >> ----- Original Message -----
> >> From: Ron Cernokus
> >> To: realtraders@xxxxxxxxxxxxxxx
> >> Sent: Friday, March 03, 2006 4:53 PM
> >> Subject: Re: [RT] mkt outlook
> >>
> >>
> >> Here is Ben's call from last Tuesday.
> >>
> >> S
> >>
> >>
> >> volume still points to 1300-1310 on sp500,
> >> that should be accomplished in 2-4 days,
> >> if not ,all bets are off ,and the top is in,
> >> Ben
> >>
> >>
> >> SPONSORED LINKS Business finance uk Business finance course Business
> >>finance online course
> >> Business finance class Small business finance Business finance
> >>schools
> >>
> >>
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> >
> >
> >
> >
> >
> >
> > Yahoo! Groups Links
> >
> >
> >
> >
> >
> >
>
>
>
>
>
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