Seeking Alpha
  • Michael A. Gayed, CFA
    Unlike prior "whipsaws" defensive sector performance XLP, XLU, XLV all confirm a transition is happening. Conditions for Fall Melt-Up.
    10/5/11
    Reply (11)
    • Mr. Massive: How did the 2pm go? Routing for ya even though we disagree. I think your conclusion neglects the crack the market is smoking.
      10/5/11
    • cowpieTX: very compelling argument. especially because we've left no downside gaps since the recent bottom.
      10/5/11
    • Mr. Massive: I've been bullish on dollar and bearish on stocks since may. Sticking to my guns. Avg bear roams longer than ppl think
      10/5/11
    • Michael A. Gayed, CFA: 2pm went okay. I am debating launching a weekly video segment - gives more time to explain reasoning than media interviews.
      10/5/11
    • Bowerz101: Euro banking sector confirming nothing is going to melt up/transition anytime soon.
      10/5/11
    • Michael A. Gayed, CFA: Euro banking sector is not predictive.
      10/5/11
    • Bowerz101: Haha, ya Greece and Italy have nothing to do with this movement.
      10/5/11
    • Michael A. Gayed, CFA: That's not what I said. I said the Euro banking sector is not predictive - other sectors are.
      10/5/11
    • Bowerz101: What Im saying is as long as Greece and Italy dominate the headlines, we will not melt anywhere but down.
      10/5/11
    • Michael A. Gayed, CFA: If you think markets react to news (which is old) you are ignoring the role of expectations in trend formation.
      10/5/11
    • Bowerz101: Oh, you mean the lower highs and lower lows trend formation?
      10/5/11
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