Schaeffer's MMO - Sentiment Set For Higher Prices - Mon 3/20/06

Discussion in 'Trading' started by cnms2, Mar 20, 2006.

Do you agree with Schaeffer's Monday Morning Outlook of Mon 3/20/06?

Poll closed Apr 9, 2006.
  1. Agree

    0 vote(s)
  2. Disagree

    2 vote(s)
  3. No opinion

    0 vote(s)
  1. cnms2


    This Morning's "Schaeffer's Monday Morning Outlook" by Christopher Johnson concluded:
    • "...The recent shift in sentiment that has run counter to price activity should help push prices higher and, in all likelihood, quickly. Given that, it will be important to watch for sentiment swinging back to an optimistic extreme as a cautionary note for buyers. Until then, happy buying."
    Today's optimistic forecast contradicts my short term view, and longer term I don't make forecasts.

    Note: I check only occasionally Schaeffer's newsletters, and only searching for stock ideas to research later myself.