Comments on: 3rd Distribution Day Strikes the S&P 500 http://www.market-speculator.com/2007/01/25/3rd-distribution-day-strikes-the-sp-500/ Purveyor of Trading Gains Mon, 01 Jun 2009 12:04:57 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: Market Speculator http://www.market-speculator.com/2007/01/25/3rd-distribution-day-strikes-the-sp-500/comment-page-1/#comment-48 Market Speculator Fri, 26 Jan 2007 13:36:29 +0000 http://www.market-speculator.com/?p=191#comment-48 Gio... Housing stocks have already suffered their decline. Take a look at anyone of the homebuilders. Notice HOV, peaked in '05 at 73.40 on 7/20/05. When did fundamentals drop? You must use charts to see the actual breakdown of the stock...and the stock will breakdown much before the fundamentals do. MktSpec Gio…

Housing stocks have already suffered their decline. Take a look at anyone of the homebuilders. Notice HOV, peaked in ‘05 at 73.40 on 7/20/05. When did fundamentals drop? You must use charts to see the actual breakdown of the stock…and the stock will breakdown much before the fundamentals do.

MktSpec

]]> By: Gio http://www.market-speculator.com/2007/01/25/3rd-distribution-day-strikes-the-sp-500/comment-page-1/#comment-47 Gio Fri, 26 Jan 2007 07:32:06 +0000 http://www.market-speculator.com/?p=191#comment-47 How do I feel? Quite lost. The market has been up and down, but I guess it's to be expected since we're near the top and/or earnings season is upon us. Hence, it's so tough to "call the market" in the short term, and I'd rather not play that game. For now I'm rotating into telecom and medical equipment stocks since they have doing well YTD. I have 0 shares in Mr. Softy, but I will think their underpromise-overdeliver quarter will help tech a little (in contrast to the AMD debacle). I've been reading a little about Vista, and the word is that it's a great product, but don't expect it to be a ground-breaking must-have like Windows 95 was. Some critics say if you have XP, then an upgrade to Vista won't be necessary. I think Vista is an important step to Gates accomplishing his ambition to turn your house into a giant computer center, so maybe MSFT is a bit ahead of it's time. Anyway, MSFT is on the right track... xBox is great, Zune is better than expected, and now Vista is finally ready to release. BTW, can you explain why the housing stocks are not melting down? Based on their fundamentals, THEY SHOULD BE! Market is wack. How do I feel? Quite lost. The market has been up and down, but I guess it’s to be expected since we’re near the top and/or earnings season is upon us. Hence, it’s so tough to “call the market” in the short term, and I’d rather not play that game. For now I’m rotating into telecom and medical equipment stocks since they have doing well YTD.

I have 0 shares in Mr. Softy, but I will think their underpromise-overdeliver quarter will help tech a little (in contrast to the AMD debacle). I’ve been reading a little about Vista, and the word is that it’s a great product, but don’t expect it to be a ground-breaking must-have like Windows 95 was. Some critics say if you have XP, then an upgrade to Vista won’t be necessary. I think Vista is an important step to Gates accomplishing his ambition to turn your house into a giant computer center, so maybe MSFT is a bit ahead of it’s time. Anyway, MSFT is on the right track… xBox is great, Zune is better than expected, and now Vista is finally ready to release.

BTW, can you explain why the housing stocks are not melting down? Based on their fundamentals, THEY SHOULD BE! Market is wack.

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