Michael Davey's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/129726/comments http://seekingalpha.com/article/167121/comments?source=feed#comment-719733 719733
Curious how they get to 92%. I don't want to shout BS, but it sure smells like it. Sentiment is bullish just now perhaps, but nowhere near the extremes being suggested, I suspect.


On Oct 18 12:18 PM Gavin G wrote:

> Michael
>
> Elliot Wave Intl take the Daily Sentiment Index from trade-futures.com
>
> So you have to check on the same.This is a paid subscription mind
> you.]]> Sun, 18 Oct 2009 17:41:05 -0400
Curious how they get to 92%. I don't want to shout BS, but it sure smells like it. Sentiment is bullish just now perhaps, but nowhere near the extremes being suggested, I suspect.


On Oct 18 12:18 PM Gavin G wrote:

> Michael
>
> Elliot Wave Intl take the Daily Sentiment Index from trade-futures.com
>
> So you have to check on the same.This is a paid subscription mind
> you.]]> http://seekingalpha.com/article/167121/comments?source=feed#comment-719358 719358
Can you elaborate on the makeup of EWI's sentiment index? There are no such extreme sentiment readings that I know of. Investor's Intelligence, for example is currently at 47.2% bulls.

I posed this question to Tim Knight yesterday and his answer was "it is right there on the chart," but I'm not sure he understood the question because nothing on EWI's chart explains what how these readings are comprised.

Tim Knight and now you are suggesting there were 2% bulls in March and subsequently inferring there are 92% bulls now (all according to EWI's sentiment index). There are no sentiment readings I know of at such extremes now and there were no sentiment readings from March which were as low as 2% bulls. I suspect the EWI index is extreme in and of itself (with no knowledge of how it is derived), but I challenge anyone to show us actual sentiment readings which show any such extremes.

Thanks.]]> Sun, 18 Oct 2009 10:54:15 -0400
Can you elaborate on the makeup of EWI's sentiment index? There are no such extreme sentiment readings that I know of. Investor's Intelligence, for example is currently at 47.2% bulls.

I posed this question to Tim Knight yesterday and his answer was "it is right there on the chart," but I'm not sure he understood the question because nothing on EWI's chart explains what how these readings are comprised.

Tim Knight and now you are suggesting there were 2% bulls in March and subsequently inferring there are 92% bulls now (all according to EWI's sentiment index). There are no sentiment readings I know of at such extremes now and there were no sentiment readings from March which were as low as 2% bulls. I suspect the EWI index is extreme in and of itself (with no knowledge of how it is derived), but I challenge anyone to show us actual sentiment readings which show any such extremes.

Thanks.]]> http://seekingalpha.com/article/141615/comments?source=feed#comment-534752 534752
This Fed may hold out, perhaps, as so much lately smacks 'unprecedented', but it won't really matter; the market dictates rates in the long run.


On Jun 05 01:41 PM Larry House wrote:

> This is premature. The Fed is on hold for months to come. If they
> do tighten soon, the market will dive. It is only a flood of dollars
> that has the market where it is. People are letting "green shoots"
> go to their heads.]]> Sat, 06 Jun 2009 09:50:38 -0400
This Fed may hold out, perhaps, as so much lately smacks 'unprecedented', but it won't really matter; the market dictates rates in the long run.


On Jun 05 01:41 PM Larry House wrote:

> This is premature. The Fed is on hold for months to come. If they
> do tighten soon, the market will dive. It is only a flood of dollars
> that has the market where it is. People are letting "green shoots"
> go to their heads.]]> http://seekingalpha.com/article/141282/comments?source=feed#comment-533181 533181
On Jun 04 02:22 PM Futurist wrote:

> I appreciate everyones information as to the "decay" factor in highly
> leveraged funds. I am aware of this fact but have not found a mathematical
> distinction between the decay of negative funds or positive funds.
> In fact I am quite amazed that shorting both type of funds at the
> same moment has been the perfect long term investment. Now whether
> that can continue during a bull market is yet to be seen.
> The decay factor will probably keep me from using these funds as
> a hedging tool. They are helpful for short term trading though.]]> Fri, 05 Jun 2009 08:29:23 -0400
On Jun 04 02:22 PM Futurist wrote:

> I appreciate everyones information as to the "decay" factor in highly
> leveraged funds. I am aware of this fact but have not found a mathematical
> distinction between the decay of negative funds or positive funds.
> In fact I am quite amazed that shorting both type of funds at the
> same moment has been the perfect long term investment. Now whether
> that can continue during a bull market is yet to be seen.
> The decay factor will probably keep me from using these funds as
> a hedging tool. They are helpful for short term trading though.]]> http://seekingalpha.com/article/138088/comments?source=feed#comment-507123 507123 Sun, 17 May 2009 10:41:17 -0400 http://seekingalpha.com/article/136512/comments?source=feed#comment-496789 496789
It's still early (coming out of the test), but how the market responds to such events is more meaningful than what we think of the event, no? I wouldn't suggest positioning clients recklessly, but the market is all too often a better indicator than our personal viewpoints. If the market continues to rally and consolidate constructively, instead of reverting to bear-mkt behavior, then professionals who over-protect client assets are in danger of losing accounts. I manage trading accounts and I know it is hard for allocating longer-term portfolios in such a climate (no envy here), but I would think waiting for the market to break-down is more prudent for professional managers here - even if you you avoid the banking sector.

Clients who lose money in a down market are disappointed. Clients who don't make money in an up market fire their portfolio manager (one of the more interesting dynamics of the profession, since institutions have to buy an up-trend regardless of how stupid it may be appear). ]]> Sat, 09 May 2009 12:43:53 -0400
It's still early (coming out of the test), but how the market responds to such events is more meaningful than what we think of the event, no? I wouldn't suggest positioning clients recklessly, but the market is all too often a better indicator than our personal viewpoints. If the market continues to rally and consolidate constructively, instead of reverting to bear-mkt behavior, then professionals who over-protect client assets are in danger of losing accounts. I manage trading accounts and I know it is hard for allocating longer-term portfolios in such a climate (no envy here), but I would think waiting for the market to break-down is more prudent for professional managers here - even if you you avoid the banking sector.

Clients who lose money in a down market are disappointed. Clients who don't make money in an up market fire their portfolio manager (one of the more interesting dynamics of the profession, since institutions have to buy an up-trend regardless of how stupid it may be appear). ]]> http://seekingalpha.com/article/124602/comments?source=feed#comment-417069 417069 Sat, 07 Mar 2009 09:24:21 -0500 http://seekingalpha.com/article/62477/comments?source=feed#comment-114069 114069 Fri, 01 Feb 2008 11:53:48 -0500 http://seekingalpha.com/article/59924/comments?source=feed#comment-110119 110119
New Fed-candy is meant for the ill-balanced, weak and dying financials and a shot in the consumer's (ARMS) during an election year, but the candy is just added-dandy for already healthy growth.

I'm keying growth from within the leadership groups; long and longer. Growth stocks are launching!]]> Mon, 14 Jan 2008 01:53:03 -0500
New Fed-candy is meant for the ill-balanced, weak and dying financials and a shot in the consumer's (ARMS) during an election year, but the candy is just added-dandy for already healthy growth.

I'm keying growth from within the leadership groups; long and longer. Growth stocks are launching!]]> http://seekingalpha.com/article/59256/comments?source=feed#comment-109050 109050 Tue, 08 Jan 2008 17:29:06 -0500 http://seekingalpha.com/article/57995/comments?source=feed#comment-106275 106275 Thu, 20 Dec 2007 14:31:02 -0500 http://seekingalpha.com/article/57995/comments?source=feed#comment-106273 106273 ]]> Thu, 20 Dec 2007 14:24:10 -0500 ]]> http://seekingalpha.com/article/58012/comments?source=feed#comment-106271 106271 Thu, 20 Dec 2007 14:22:00 -0500 http://seekingalpha.com/article/58012/comments?source=feed#comment-106270 106270
]]> Thu, 20 Dec 2007 14:20:41 -0500
]]> http://seekingalpha.com/article/57556/comments?source=feed#comment-106122 106122
In this way we never have to own those silly GOOG's and AAPL's and we can sleep well at night knowing that our Enron's are much closer to zero so the relative potential drop is not so bad. ]]> Wed, 19 Dec 2007 16:57:33 -0500
In this way we never have to own those silly GOOG's and AAPL's and we can sleep well at night knowing that our Enron's are much closer to zero so the relative potential drop is not so bad. ]]> http://seekingalpha.com/article/57715/comments?source=feed#comment-106118 106118 ]]> Wed, 19 Dec 2007 16:47:33 -0500 ]]> http://seekingalpha.com/article/57699/comments?source=feed#comment-106102 106102 ]]> Wed, 19 Dec 2007 15:44:17 -0500 ]]> http://seekingalpha.com/article/57686/comments?source=feed#comment-106097 106097
The smaller, broader indices (Russell 2000 and NYSE) kicked-in and look to be forming nice W-bottom patterns. If that completes (it will, look at the calendar right now), this implies a run of the smaller arena through and into January. I’m well in-line for the early bird specials and intriguingly there are too many good looking names to buy them all…charts are looking good now.
]]> Wed, 19 Dec 2007 15:19:28 -0500
The smaller, broader indices (Russell 2000 and NYSE) kicked-in and look to be forming nice W-bottom patterns. If that completes (it will, look at the calendar right now), this implies a run of the smaller arena through and into January. I’m well in-line for the early bird specials and intriguingly there are too many good looking names to buy them all…charts are looking good now.
]]> http://seekingalpha.com/article/57041/comments?source=feed#comment-105029 105029 Wed, 12 Dec 2007 13:11:54 -0500