BCA Weekly (1)See last chart 3 on page 4 (2) BCA Intermediate Equity Indicator (3) Lows oct 1998, Oct 2002 and "NOW" (4) If true we are about to start one hell of a rally !!!
i agree ....could be zeev...sentiments tend to grow with fear...look at oil...everyone NOW says their is no end in sight to higher prices...but history tells us most likely it will now fall into the election since the pendelum has swung so far in the higher prices direction...jmo URMY! ;O)
Zeev, if the powers want GWB reelected this would be a very good strategy because in the end ,imho, it's the economy stupid, that will carry the most weight and unless there is a real unexpected blowup these other sideshow issues will take backseat,we will know in time.
I haven't done my homework on yesterdays action so far but a preliminary look seems to confirm your reading. Asides of the mentioned sentiment indicators and some positive divergences I do like my folios A/D ratio of 9/10 or INTC's and CSCO' closing green for instance.
OTOH the Irak torturings have caused much more damage than the US seems to be aware of and I very much do fear that they will become the catalyst for another huge increase in geopolitical instabilities and could eat into the US economic rebound which could possibly become stronger than anticipated as indicated by the latest employment figures.
Our german expression 'Schande' can not sufficiently be translated with 'shame' but that's what it is. I'll shut up though, the rest belongs to another thread
Market Data 
Markets 
AI
