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The Daily Reckoning: 7/11/2001
Posted by admin on: Wednesday 11 July @ 20:45:50 (read: 4171 times)
The Daily Reckoning*** Important milestones yesterday on the road to
ruin...

*** Nasdaq breaks 2,000...going the wrong direction!
Shoppers put the brake on borrowing...and the world
economy breaks down...

*** Airlines in free fall. Hotel rooms empty.
Manufacturing at 37-year low. Popularity is
poison...bedding down the girl scouts...and more!


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Reality Check: Tuesday Update 7/10/01
Posted by admin on: Monday 09 July @ 09:53:33 (read: 3009 times)
Reality CheckWhile our trading buy is still under scrutiny, within the continued short term market weakness we see many anecdotally encouraging signs that tell us two things; that this should not be the beginning of a new, deeper down draft, and that the odds for a summer rally remain higher than average, at least before we may find new reasons for big concern.

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The Daily Reckoning: 7/10/2001
Posted by admin on: Monday 09 July @ 09:43:25 (read: 2765 times)
The Daily Reckoning*** Americans getting poorer in stocks...richer in real
estate?

*** Webvan makes its last delivery...

*** Layoffs, help wanted ads...Russian wrestling
refugees...and more!


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Weekly XAU Chart View: 07/09/01
Posted by admin on: Sunday 08 July @ 19:58:01 (read: 2549 times)
The Weekly XAU Chart ViewA retest of the 48.5-49.7 support is likely in the near term, with the next major support then at 45.6-46.0 (a level that held in both February and April), and at October's low of 41.6. Upside resistance is at 54.1 and 57 (strong resistance)....

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The Daily Reckoning: 7/9/2001
Posted by admin on: Sunday 08 July @ 19:24:56 (read: 2803 times)
The Daily Reckoning*** Consumers borrowing - against their homes!(Avoiding recession in the 'worst possible way.')

*** Classic bear market on Wall Street?

*** Insiders selling heavily...job losses...consumer
sales falling...children disappearing(mine)...and more!

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Reality Check: Friday Update 7/06/01
Posted by admin on: Sunday 08 July @ 02:27:27 (read: 2352 times)
Reality Check. We are giving our breadth indicators the benefit of the doubt until they too reverse lower. One observation of this conflict between sentiment and breadth is that while sentiment has suddenly become very optimistic, these indicators are based on an assumption that an immediately unsustainable level has been reached. This is considered anecdotal, while breadth indicators such as the A/D Line and volume are indications of what s actually happening now...

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The Daily Reckoning: 7/6/2001
Posted by admin on: Sunday 08 July @ 02:16:03 (read: 2835 times)
The Daily Reckoning*** Why would anyone care what Cramer thinks? The S.S.
Cramer takes on water...

*** Euro sinks too...almost at the new record lows I
said it wouldn't hit....

*** Americans getting poorer, faster than anytime since
the Great Depression...consumers still spending, but not
so fast...Charm City...and more!


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The Daily Reckoning: 7/5/2001
Posted by admin on: Sunday 08 July @ 02:10:50 (read: 2612 times)
The Daily Reckoning*** A question for the 4th: Are Americans too cock-sure
of themselves and their future?

*** The sasquatch recovery...abominable sales numbers in
the telecom industry...hairy hotel figures...

*** Defunct dot.coms...airplanes that will never get off
the ground...setting barns on fire...and more!


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The Daily Reckoning: 7/4/2001
Posted by admin on: Sunday 08 July @ 01:58:43 (read: 2701 times)
The Daily Reckoning*** Markets closed... all major indexes end the first
half in the red...

*** An informal salute to the Nation's most mild-
mannered revolutionary...

*** Baby Boomers' gift to the 21st century... and more!


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The Daily Reckoning: 7/3/2001
Posted by admin on: Sunday 08 July @ 01:52:16 (read: 2789 times)
The Daily Reckoning*** Consumers still 'hanging in there.' In May, spending
grew twice as fast as income. How long before they are
hung out to dry?

*** The financial news is not good...but not as bad as
it might be. Is that good?

*** Cheer up, things could be worse. In fact, they are
worse...Forget the Nasdaq! And more...


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Survey
What is your 12-month outlook for the U.S. economy?

Here Comes the New Economy Part ll, The Bull is Ba
Gradually improving
Stagflation
No Growth
Minor Recession
Deep Recession
Depression
Total Collapse

[ Results ]
[ Past Surveys ]

Votes: 694
Comments: 5

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Past Articles
July 08
The Daily Reckonong: 7/2/2001

July 03
Reality Check: Monday Update 7/02/01

Reality Check: Tuesday Update 6/26/01

Contrarian Pans: July 6, 1999

The Weekly Contrarian Pick: Compucom Systems Inc (2/6/99)

The Weekly Contrarian Pick: Hirsch International Corp. (01/7/99)

The Weekly Contrarian Pick: Danka Business Systems (12/21/98)

The Weekly Contrarian Pick: Air Canada (12/9/98)

July 02
9/28/99: XAU-GOLD AND SILVER INDEX


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