Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (10) | Ignore Thread Prev | Next
Author: solasis Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 6881  
Subject: strange Date: 10/22/2004 2:27 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 3
how this stk market is acting just like 84 and 94 even though i am not a big believer in 10 year cycles nor selective pattern matching. but its a little uncanny. 6,7% trading range all year, lots of reversals, falling implied vol, rising commodity prices, and then some weakness starting the week before oct oe (see my post on bear board from years ago called 'game of chicken'. i dunno, but the market has had a lot of limp spaghetti thrown at it lately, oil at 20 year hi's, dollar down, deteriorating situation in iraq, a close election, fed raising funds rate, the arthritis drugs, now spitzer's hounds are on the insurance industry. and yet, we are right in the middle of the years trading range at 1100. and 10 year treasuries have rallied back to 4%. a move down into the election on terror fears etc, or an actual attack with an emotional reaction to push it down would seem to be buyable to this bad spec. this all looks like the usual seasonality to me.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (10) | Ignore Thread Prev | Next

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Economic Implications of Cuba
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement