Tuesday, January 17, 2006

RUBBER CHICKEN MEETS THE ROAD??

http://www.schaeffersresearch.com/commentary/observations.aspx?ID=15008 SCHAEFFER ON CHARTS TALKING comp AND nikk

WArnings ignored earlier PD, DD ALCOA. NOW more YHOO and INTC misses and take GOOG down with it.Bullishness nary wavers.

I can see COMP at 2,500 and I can see it at 1,500.

Mad dash for yield, how safe are yields?

11K touted on every talking head show, whoopie, it's a round number that hasn't held since besting it, rather odd? But it's 11K man!! come on!!!pause that refreshes?

Consumers are cutting back. Prfoit projections are too high, IMHO

BDI shows a slowing CHinese economy. OIL surging on speculation? Does HIGH oil force FED to continue raising rates?

Bonds have outperformed stocks last 5 years.

A leak of air just now, stay tuned. 4 years bull OLD BULL, 4 years with no 10% correction....greedy or asleep Lemings beware.

Readers are you still out there, I am trying to keep this blog going....

D

1 comment:

Anonymous said...

Still reading you posts, Mark. I'm not as pessimistic as you, though. But that's why I read you--it is foolish to only read those with whom one agrees.

Michael Goode
michael.goode@gmail.com