iShares Dow Jones US Telecom (IYZ)

All Comments on IYZ

  • commenter
    Mar 04 04:31 PM
    No Bear Yet? Average Stock Already Down 30% [view article]
    Won't see the lows til August-October timeframe (ARMS damage wave working its way through the system).

    Bad news will keep getting worse in Apr, Jul, and Oct reports.

    11,000 by June, 10,200 by October.
    Reply
  • commenter
    Mar 04 03:08 PM
    No Bear Yet? Average Stock Already Down 30% [view article]
    The problem as I perceive it as that we need a really good flush out on the down side, which we are not getting because diehard buyers are weakly holding prices up. This is the same as saying that we have not quite reached the level of pessimism that characterizes bear market bottoms. If most of today's buyers were to step aside for two weeks, they'd find themselves buying at levels which would all but guarantee them great profits. The same cannot be said for sellers holding back, however, since everyone still seems to be looking for a "test of the January lows" and not a rally upwards. Reply
  • commenter
    Mar 04 02:49 PM
    No Bear Yet? Average Stock Already Down 30% [view article]
    Buba: the difference is less due to weighting than timing. The numbers shown are the drops from the high for each stock. But each stock did not make a high at the same time and thus there is a difference when you look at the drop in the index from its high. Reply
  • commenter
    Mar 04 02:26 PM
    No Bear Yet? Average Stock Already Down 30% [view article]
    Take for example Large Cap & the S & P 500, what you are showing is the difference between a weighted & non weighted index. So what I read from your analysis is that the weighted indexes are going to fall even more as they catch up with the majority of the stocks in the index. So therefore we got a way to go before this Bear is over. Reply
  • commenter
    Feb 24 12:13 PM
    Percentage of Stocks Above Their 50-DMAs by Sector [view article]
    Yes the market can and will go lower, but don't expect the Fed to come to the rescue with inflation poised to explode upward.
    GG
    Reply
  • commenter
    Feb 23 11:00 AM
    Percentage of Stocks Above Their 50-DMAs by Sector [view article]
    Maybe utilities have taken a hit because: investors expect the 10-yr int rate to rise, expect dividends taxed differently(it's not going to be repealed, but to expire in 2010, imo), overbought last year, lack of financing means dividends won't rise, recession means city officials regulate rates more? Maybe explains it. Reply
  • commenter
    Feb 22 12:45 PM
    My Website
    Percentage of Stocks Above Their 50-DMAs by Sector [view article]
    Great piece! This is good breadth information. I have been tracking a number of other technical sector and industry indicators since November and have yet to see any sign of a turnaround. Financials, which have led the market down prior to recessions in the past continue to weaken as do other good leading recession indicators like auto & truck industries, RVs, banks and retail. Overall earnings continue to deteriorate and if this is anything like the lead-up to the last recession when the Fed dropped rates from 6.5% to 1%, easing rates will make little difference (see tradesystemguru.com/co... )

    Until I see convincing signs of positive divergence in my indicators, I'll remain bearish.
    Reply
  • commenter
    Feb 21 02:07 AM
    My Website
    Negative Earnings Growth Expected Through 1H08 [view article]
    Mathematics and marmalade don't necessarily go together, However, some numbers are better than others, and tea leaves are great . . . for making tea. Reply
  • commenter
    Feb 20 03:57 AM
    Negative Earnings Growth Expected Through 1H08 [view article]
    i always read your posts. thanks Reply
  • commenter
    Feb 19 05:05 PM
    My Website
    Negative Earnings Growth Expected Through 1H08 [view article]
    Bespoke doesn't predict. They just throw out current market trends based on computer generated data. It's up to us to make predictions of the data. I personally like some of the creative ways they present this info. Keep up the good work!!!! Reply
  • commenter
    Feb 19 01:45 PM
    Negative Earnings Growth Expected Through 1H08 [view article]
    That's the right pattern. Reply
  • commenter
    Feb 19 01:41 PM
    Negative Earnings Growth Expected Through 1H08 [view article]
    “ Those who cannot remember the past are condemned to repeat it.” ( George Santayana. 1863-1952.”The Life of Reason”,ch.12)

    In the area of economics it is more accurate to say that those who believe that the past reveals eternal truths are doomed to error.
    Reply
  • commenter
    Feb 19 12:51 PM
    Negative Earnings Growth Expected Through 1H08 [view article]
    Dear Bespoke Investment Group,

    When will you stop getting it wrong. I can recall not too long ago (2-4 months to be precise) sitting on a huge short position and reading your bullish and rosy outlooks on Q4 07 and 2008. I remember being highly irritated as you carelessly lead your readers into the abyss.

    You got it wrong then and you continue to get it wrong in every quixoticly optimistic article you post.

    Why don't you just wait until this thing has worked it's way out before you start telling people that everything will be okay in Q2? Seems prudent to me considering how wrong you've been all along.
    Reply
  • commenter
    Feb 14 07:07 AM
    Market Still in Downtrend Despite Recent Gains [view article]
    I disagree about your 1390 resistance point. I think the S&P 500 will hit the 100-150 moving average (about 1450-1470), then shoot back down. Look at how the market acted in 2001-2003. Reply
  • commenter
    Feb 09 04:52 AM
    Sector Review: Return to Oversold Levels, Downtrends Intact [view article]
    Graphic demonstration of a bear making its way thru the market. A sense of the future can only come from what the Fed and the fiscal policy of Congress. The signs are that the recession will arrive by spring and with it will come absurd legislative policy on housing. The ultimate concern is: will these idiots drive the USA into a depression? Think Not? Why not? Reply