scalf
06-19-2003, 06:49 PM
/forums/images/icons/laugh.gif warning..... arch crawford uses astrology and technical analysis in attempt to predict market moves.....
/forums/images/icons/crazy.gif in cnbc interview today at 600pm est...he related he had been very bullish since middle of may...using 100% margin to maximize profits on index funds...he today suggested that he was scaling back to just 100% bull..(i.e. he cut the 100% margin)...
arch hedged a little, feeling that technical indicators needed to also confirm his astrological facts, but he feels that there may well be a move up at start of july , then a holiday rally into july 4th..(a fri this year)....but then....as technical factors may fall into place...
the mother of all bear markets for at least 18 months....
he also feels we are in the start of a 2 year bear market in real estate...
also bearish on gold...
just a report...gl /forums/images/icons/wink.gif /forums/images/icons/smile.gif /forums/images/icons/club.gif
/forums/images/icons/crazy.gif in cnbc interview today at 600pm est...he related he had been very bullish since middle of may...using 100% margin to maximize profits on index funds...he today suggested that he was scaling back to just 100% bull..(i.e. he cut the 100% margin)...
arch hedged a little, feeling that technical indicators needed to also confirm his astrological facts, but he feels that there may well be a move up at start of july , then a holiday rally into july 4th..(a fri this year)....but then....as technical factors may fall into place...
the mother of all bear markets for at least 18 months....
he also feels we are in the start of a 2 year bear market in real estate...
also bearish on gold...
just a report...gl /forums/images/icons/wink.gif /forums/images/icons/smile.gif /forums/images/icons/club.gif