Friday, February 16, 2007

Market Timing

Market TimingSocialTwist Tell-a-Friend
Fari Hamzei
February 16, 2007

For next week, we will take our queue from the NASDAQ semiconductor space.

Keep an eye on BRCM, MRVL and QCOM.

Do not panic about Ballmer-Gates comments on MSFT's Vista -- they are in rational expectation management business --- nothing about mass behavior during new market highs is rational.

We should see NAZZ take off next week -- this week it put an outside bar reversal -- this is very noteworthy !!

SPX daily is in its +1 to +2 sigma channel and SPX weekly put in at outside bar reversal.

Many perma bears have begun to panic after Uncle Ben's Humphrey Hawkins Testimony on the Hill last Wednesday and Thursday while the Street gleefully celebrated its best Valentine's Day ever!!

STAY LONG -- add some high beta stocks to your account -- market will return some alpha back to you !!

Read more about why Market Timing matters in BusinessWeek, February 19 issue, pp 80-81:

Disclaimer and Terms of Service

© Copyright 1998-2018, Hamzei Analytics, LLC. Hamzei Financial Network is published by Hamzei Analytics, LLC, 6840 Huntington Lakes Circle, Suite 201, Naples, FL 34119, (310) 306-1200. The information herein was obtained from sources which Hamzei Anlaytics, LLC believes are reliable, but we can not and do not guarantee its accuracy. None of the information, advertisements, website links, or any opinions expressed constitutes a solicitation of the purchase or sale of any securities or commodities. Please note that Hamzei Analytics, LLC or its principals may already have invested or may from time to time invest in securities or commodities that are recommended or otherwise covered on this website. Neither Hamzei Analytics, LLC nor its principals intend to disclose the extent of any current holdings or future transactions with respect to any particular security or commodity. You should consider this possibility before investing in any security or commodity based upon statements and information contained in any report, post, comment or recommendation you receive from us. The content on this site is provided as general information only and should not be taken as investment or trading advice. Any action that you take as a result of information, analysis, or conclusion on this site is ultimately your responsibility. Always consult your financial adviser(s) before making any investment or trading decisions.