Was denkt Gene Inger (www.ingerletter.com):
...With targeted S&P levels reached over two weeks ago, projected to precede this live September correction likely into the higher 1400's, and mostly in the first half of the month, allowing for bump ups related to the Expiration, none of this should be particularly surprising, or even excessive for what normally occurs in pullbacks. What would have been very stunning, would have been had the common mentality of buying and thrusting forward after Labor Day somehow been able to prevail, but it wasn't expected to, and didn't. Many of the players were looking for a decline in the 2nd half, but our view was the 1st half of September (and a little more after the Expiration), which is working towards conclusion, and with some chances for firming out of extreme nervousness into renewed strength late this month. Last night we noted we're near an inflection spot on a daily basis, which could again promulgate an upside reversal effort. That's why we're long just now...
So sehe ich das im Prinzip auch, wir sind am oder nahe am Tiefpunkt, alle haben Angst und draussen wartet viel Geld. Ich habe mich daher diese Woche schon ein wenig in SAP, Siemens und NEMAX positioniert, natürlich mit stoploss.
Gruss
Scavenger
...With targeted S&P levels reached over two weeks ago, projected to precede this live September correction likely into the higher 1400's, and mostly in the first half of the month, allowing for bump ups related to the Expiration, none of this should be particularly surprising, or even excessive for what normally occurs in pullbacks. What would have been very stunning, would have been had the common mentality of buying and thrusting forward after Labor Day somehow been able to prevail, but it wasn't expected to, and didn't. Many of the players were looking for a decline in the 2nd half, but our view was the 1st half of September (and a little more after the Expiration), which is working towards conclusion, and with some chances for firming out of extreme nervousness into renewed strength late this month. Last night we noted we're near an inflection spot on a daily basis, which could again promulgate an upside reversal effort. That's why we're long just now...
So sehe ich das im Prinzip auch, wir sind am oder nahe am Tiefpunkt, alle haben Angst und draussen wartet viel Geld. Ich habe mich daher diese Woche schon ein wenig in SAP, Siemens und NEMAX positioniert, natürlich mit stoploss.
Gruss
Scavenger
