"
delane - this is a technical
analysis website, and we are as versed in fundamentals as much as
you (especially Steve),"
but, I have failed to understand
what fundamentals are behind Delane's bullish stand. My failure, I
admit, delane, very sincere apologies. Now, since there are no
chart reasons for a bullsih case, will you enlighten me with
fundamental reasons why the bear is dead?
and, to save you some
trouble:
I am not looking for analyst
estimates: it's all regurgitated crap they copy from each other,
and revise after the fact
I am aware of the yield
curve, and it is not helping businesses since there is no money
lent, and it is all there for banks to re-liquify, but have so much
crap that it is taking longer than Fed-easury have imagined for
them to clean shops, it's like trying to use regular, PH-neutral
soap to clean decades of scum build up.
I am aware of election year
patterns, and it may cause a bounce not a brand new bull
I am aware of all stops out at
the fed-earury to prop the market, but frankly only the size of
bailout gets bigger, and a new bull should not need late night,
weekend meetings by banking and government officials, it
should stand on its own
I like nothing more than go oing
long and forgetting about it, so, Delane, please, I am just looking
for some genuine fundamental arguments why the bear is dead, and
where the new bull is.
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Fundamentals?
Posted by dallahoo on 7th of Sep 2008 at 02:27 pm
matt said:
" delane - this is a technical analysis website, and we are as versed in fundamentals as much as you (especially Steve),"
but, I have failed to understand what fundamentals are behind Delane's bullish stand. My failure, I admit, delane, very sincere apologies. Now, since there are no chart reasons for a bullsih case, will you enlighten me with fundamental reasons why the bear is dead?
and, to save you some trouble:
I am not looking for analyst estimates: it's all regurgitated crap they copy from each other, and revise after the fact
I am aware of the yield curve, and it is not helping businesses since there is no money lent, and it is all there for banks to re-liquify, but have so much crap that it is taking longer than Fed-easury have imagined for them to clean shops, it's like trying to use regular, PH-neutral soap to clean decades of scum build up.
I am aware of election year patterns, and it may cause a bounce not a brand new bull
I am aware of all stops out at the fed-earury to prop the market, but frankly only the size of bailout gets bigger, and a new bull should not need late night, weekend meetings by banking and government officials, it should stand on its own
I like nothing more than go oing long and forgetting about it, so, Delane, please, I am just looking for some genuine fundamental arguments why the bear is dead, and where the new bull is.