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
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1 comment:
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
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