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]

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]

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]

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 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 :D 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]

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

[New-born baby]

Spike,

Alright, this week is shot. Now let's have another poll for next week. I'll give you my worthless opinion whenever you get the next poll ready.

[spikefader]

lol ya, minority wins. nuthin surprising there when I think about it...

What's the bet that if I post a poll tonight there'll be lots of bearish votes which will probably be proven wrong by week-end due to an up correction! haha

[New-born baby]

Spike,

When you do next week's poll, please get rid of the "undecided" category. We are not asking for blood; we are just asking for their opinion on whether or not the stock will rise. I guess all the "undecided" people must have come from homes where mama said,"If I want your opinion, I'll beat it out of you." Well, if that's the case--Spike, get your stick.

[Runner]

Newborn, I disagree with you statement. This market had me neutral last week until I saw further developments. I’ve got my signal and now have a better sense of where I stand. Sometimes one may need a little more time in deciding direction, of course we all know how that is, but for me if I cannot make sense out of something I will be neutral. Nothing is wrong with a neutral stance in the market. Whether or not anyone agrees with this is fine, but for me this is part of my decision making process. When in doubt stay out!! lolo

[Runner]

I could be wrong but sometimes the big money is made be doing the opposite of what the masses do!!l

[jiesen]

http://finance.yahoo.com/q/bc?t=5d&s=%5EIXIC&l=on&z=m&q=l&c=&c=%5EGSPC&c=%5EDJI

well, it looks like the bears won for this week. though the week started out good, with the NASDAQ up from 2080 to 2100 Tuesday morning, it was nothing but down from there, to close at 2034 today (S&P. DOW followed suit). Sorry bulls, better luck next week.

while I think the market may continue to head south for a few more weeks (I hope it's just long enough for me to get some more CME at 180) I also think we'll see a nice turnaround pretty soon, so I'm hanging in there, and going to ride this out.

[New-born baby]

Newborn, I disagree with you statement. This market had me neutral last week until I saw further developments. I’ve got my signal and now have a better sense of where I stand. Sometimes one may need a little more time in deciding direction, of course we all know how that is, but for me if I cannot make sense out of something I will be neutral. Nothing is wrong with a neutral stance in the market. Whether or not anyone agrees with this is fine, but for me this is part of my decision making process. When in doubt stay out!! lolo

"Raven"

Okay, you made me see the light. I accept your point and "undecided" should be an option.

[Gatorman]

"Raven"

Okay, you made me see the light. I accept your point and "undecided" should be an option.
AArrrggghhhh! Now I am all confused. Is it possible to be undecided on the issue of including undecided as a choice?

[jiesen]

AArrrggghhhh! Now I am all confused. Is it possible to be undecided on the issue of including undecided as a choice?

I'm not sure yet.

[mimo_100]

In the two polls so far, the majority has been wrong.

Hey Spike, are you going to put up a third poll for the week
ending Jan 28?

Tim

[spikefader]

Spike,

When you do next week's poll, please get rid of the "undecided" category. We are not asking for blood; we are just asking for their opinion on whether or not the stock will rise. I guess all the "undecided" people must have come from homes where mama said,"If I want your opinion, I'll beat it out of you." Well, if that's the case--Spike, get your stick.
lol OK. The really undecideds can avoid voting then.

[spikefader]

I could be wrong but sometimes the big money is made be doing the opposite of what the masses do!!l
Yep, well I don't like doing what the masses do, unless they are right :D and how often is that?! haha

[spikefader]

"Raven"

Okay, you made me see the light. I accept your point and "undecided" should be an option.
lol ok, i'll leave it in.

[spikefader]

In the two polls so far, the majority has been wrong.

Hey Spike, are you going to put up a third poll for the week
ending Jan 28?

Tim
OK, I'll put it up now. Slept in and am still sleepy. I'm on Atkins diet so that is probably it :D