Use access key #2 to skip to page content.

portefeuille (99.66)

Ellipsis

Recs

4

May 02, 2009 – Comments (5)

People can't seem to decide on whether there is optimism or pessimism prevailing and since sentiment appears to be one of the favourite counter-indicators maybe it is helpful to "keep track" of sentiment.

If you have a recent piece of news on sentiment then please post the link here, maybe something like this:

(April 21: Barton Biggs: optimism, George Soros mixed, hedge funds: mixed, the link).

5 Comments – Post Your Own

#1) On May 02, 2009 at 11:59 AM, JakilaTheHun (99.93) wrote:

I'm with Soros.  Everyone has been calling me a "blind bull" for months, but I base my buying habits on long-term valuation, so I bought in heavily since October.  In essence, you could say I was a stock-market bull, but an economic bear --- I just thought the markets had overreacted. 

This is the first time I've really found myself moving towards the "stock market bear" camp in a while.  It's not cut-and-dry, though.  I still think there are a lot of bargains out there where companies are selling at a good discount to their valuations --- but I'm seeing less and less of that now, and given the risks and uncertainty ahead, I want to see fairly substantial bargains before I'm willing to buy in.  All in all, I guess you could say I'm market neutral right now and playing it cautiously.

If I ran a fund or were a large-scale investment manager, I would be buying into corporate bonds right now --- at least till equity prices took another dip.

Report this comment
#2) On May 02, 2009 at 12:21 PM, tonylogan1 (28.24) wrote:

Thanks for the feedback Jackila.. Always good to hear from Bulls turned Bears and Bears turned Bulls.

Report this comment
#3) On May 03, 2009 at 6:35 AM, portefeuille (99.66) wrote:

I would not mind if players followed this suggestion:

"If you have a recent piece of news on sentiment then please post the link here, maybe something like this:

(April 21: Barton Biggs: optimism, George Soros mixed, hedge funds: mixed, the link)."

 

Report this comment
#4) On May 03, 2009 at 5:41 PM, PSU69 (88.73) wrote:

I just returned from Europe.  Client paid for my ticket.  Their home market is down 46% and they are attacking the USA, Canada, and Mexico markets where they have NEVER enjoyed any business.  www.yasuni.com  They are private.  They serve the motorcycle and scooter high performance and racing markets.  Jamaica over 60% of the people ONLY own a scooter or 2-wheeled machine.  I am focusing on niche markets where up side potentials are large.  For example, MWA.  Water money is flowing from the federal programs now and MWA is up over +20% since I got on the bus a few days ago. CA water grant alone was near a billion.  MWA was hammered down when the credit markets froze and the municipalities locked up spending awaiting the outcome of the federal decisions.  Now the money is flowing and water infrastructure programs are being funded.  MWA is within the bounds of their covenants and they did all the right things during the contraction cycle.  I am long on MWA with 2,500 shares.

Report this comment
#5) On May 04, 2009 at 11:38 AM, portefeuille (99.66) wrote:

I really enjoyed finding this counter-indicator:

A More Bearish View: Change you Won't Believe (Part 3)

December 15, 2008 – Comments (18) | RELATED TICKERS: OIH , GLD , SLV

FYI - I am still #1 in points with 12k. I still think it is going to be very difficult for any fool to catch that. Points are very tough to aquire.

 

Report this comment

Featured Broker Partners


Advertisement