Kunal Vakil

http://www.mysmp.com/

5 Comments

    • The Markets Will Reward the Patient [view article]
      Your a fundamentalists...have you ever heard that stock prices reflect future expectations of earnings? The market is telling you now that it believes that the financial turmoil will be over sometime next year. Why would big money wait till then to buy? They are going to buy now when everyone is fearful and stocks are on sale. Mark my words here, the financials have or are very near to an important bottom. Aug 23 09:01 AM
    • Financials Buying Opportunity Close at Hand [view article]
      Dementia, huh? Aug 22 01:36 PM
    • Stock Markets Nearing Important Bottom [view article]
      galewhitaker, its NEVER different. The charts do not lie and they are not lying this time either. This market is very close to a very robust rally that will most likely run it higher for the next 9 to 18 months ahead.

      Energy, financials, etc. Didn't we have the same sentiment in 2002 2003 timeframe: war, worldcom, enron, stock market crashing from 2000 highs, overbloated earnings, etc? We then witnessed a gigantic rally that lasted 5 years and didn't look back. This pattern repeats itself at almost every bottom.

      I am here to make money, not to pontificate on economic conditions that have no bearing on price movements in the market. Remember, the market is a discounting mechanism. When I see panic, which I have seen, I see the sale coming to an end. That time is near.

      Please re-read my post. I am NOT long this market. It is quite the contrary. If you review my history, I have been bearish all the way down from 12700 on the DOW Jones, calling for this financial debacle every step of the way.

      I suggest in my post that the market is CLOSE to a significant bottom that I will buy with a 9 to 18 month time horizon. That is CLOSE but not here yet.

      "I will be a heavy buyer from 1200 on SP all the way down to 1182 for an intermediate term (9 months to 18 months) hold"

      This is precisely my plan
      Jul 21 11:19 PM
    • Dow Jones Industrial Headed For Major Breakdown [view article]
      I was not trying to be a stock picker, I was merely providing my opinion on the overall direction of the market, which looked to be dead on. Jun 03 12:29 AM
    • Time To Abandon Stocks? [view article]
      We will see the SP500 under 1200 before any major rally is attempted by the US markets. The markets suffered a technical breakdown through the 12700 area on the DOW. We have rallied back to that level with major divergences in technical indicators and money flow figures. Look for lower levels. May 27 09:24 AM
Loading...
Symbols:
Authors:
Quick Links:
Contribute an Article Become a Seeking Alpha Contributor

Transcripts

More Transcripts»