Bullish/Bearish Poll week ended Jan. 21

[spikefader]

Bull or bear?

[B.J]

I'm defensive by nature, so mark me as BEAR, until next week proves otherwise.

Plus I needed to even out the votes.

[New-born baby]

Bull riding

Spike,

The market was bought up 700 points post-election on no news other than Pres. Bush was re-elected. That means the jump in prices was not based on economic conditions like profits, the end of the war against Muslim Fundamentalists, lower interest rates, stronger dollar, balanced budget, etc. Therefore, I think we need to get back to 10,200 level (pre-election) at least before we can have a stable market. It may be choppy for a while.

Please go ahead and tell me why I am wrong. But just remember: you got bucked off that bull last week.

[RL]

??????????

I'm BEBUARLL

[Runner]

My vote is undecided because I’m unable to figure out the chart and action. I’m leaning more toward the Bear and next week should give me more direction!!

[Websman]

Bear.................

[jiesen]

I suppose this would be the more appropriate thread for this post.

bearish short-term. bullish long term. bearish very long term (depends mostly on outcome of ITER).

[Gatorman]

For the life of me, I cannot see any change in the fundamental strength of this economy. Think we have a short-term pause in effect. Therefore, i remain Bullish.

[New-born baby]

fundamental strength of the economy

Gatorman,

I agree with you on this: no change in the fundamental strength of the economy.

I disagree with this: bullish because no change.

Why I disagree: the post election rally was based not on a change in the economy, but glee over Mr. Bush's election. That's why the rally; now people have sobered up some. That's why the drop. Therefore, I remain bearish until the market levels back down to pre-election levels, about 10,200.

But what do I know? I am just a newborn baby.

[Gatorman]

Gatorman,

I agree with you on this: no change in the fundamental strength of the economy.

I disagree with this: bullish because no change.

Why I disagree: the post election rally was based not on a change in the economy, but glee over Mr. Bush's election. That's why the rally; now people have sobered up some. That's why the drop. Therefore, I remain bearish until the market levels back down to pre-election levels, about 10,200.

But what do I know? I am just a newborn baby.

As the old saying goes: "disagreements are why they have horse races." Next week may be a harbinger of which point of view is correct. Hope my horse wins.

[CabrioM3]

I struck OIL!!!

I just have to believe oil is the culprit holding us back! Throughout the last quarter of 04 till now, if you overlay the price of oil with the movement of the markets you will see a clear inverse relationship.

This Friday we had a little relief due to the ppi showing no great inflation due to last falls rise in oil. I keep hearing interviews that oil should be going toward 40 and not 50, but that we in the midst of the coldest 3 to 4 weeks of the year so demand is highest right now!


So I Should hope we are not entering a bear market, but only seeing a reaction to oil prices. Maybe, Maybe the market has built in the next few "cold winter weeks".

I am Bullish, ...I hope


John

[IIC]

I have hardly followed the market this past week...but I liked the bounce off support...If we break out past 2110...I'm Bullish to the 2150 area.

BTW...The poll says January 12...but I see it really means Jan 21...IIC

[spikefader]

Spike...I think we need to get back to 10,200 level (pre-election) at least before we can have a stable market. It may be choppy for a while.
Please go ahead and tell me why I am wrong. But just remember: you got bucked off that bull last week.

LOL I can't tell you why! I'm just a monkey at the wheel! or on the bull?? or maybe I'm just full of bull??

[Jaws57]

Bull

My investments require it.

Jaws57

[mimo_100]

Bull for week end Jan 21

NASDAQ Composite ($COMPQ) 2088.61 for week ending 1/07
$COMPQ was 2087.91 w/e 1/14

The bears in the minority correctly picked it. Lets see what happens this week.

Tim