tag:blogger.com,1999:blog-12333088.post8044204222800536072..comments2023-11-10T05:07:19.026-05:00Comments on Carl Futia: Guesstimates on January 11, 8:30 am ETCarl Futiahttp://www.blogger.com/profile/01624989905417650273noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-12333088.post-82490377608872857682008-01-14T09:25:00.000-05:002008-01-14T09:25:00.000-05:00d333gs:As far as I can determine, Mr. Woods has be...d333gs:<BR/><BR/>As far as I can determine, Mr. Woods has been bearish on this market since 2001. So the fact that he is currently bearish is of little significance.Carl Futiahttps://www.blogger.com/profile/01624989905417650273noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-21589784577922797622008-01-14T07:15:00.000-05:002008-01-14T07:15:00.000-05:00Just saw Tim Woods piece on Safe Haven site about ...Just saw Tim Woods piece on Safe Haven site about this correction being the delayed 4yearCycle decline which he sees bottoming in 2010! Is there some way you could express your thoughts on this? <BR/><BR/>ThanksAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-12333088.post-81509697524939299162008-01-11T23:22:00.000-05:002008-01-11T23:22:00.000-05:00Just curious as to why you think there is strong r...Just curious as to why you think there is strong resistance at the $910-920 level for gold. Gold is trading at new all time highs there is no resistance. It's now trading in a vacuum. Of all the things in this world gold and silver have to be the cheapest. Heck they are both trading at roughly the same price as they were in 1980.Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-59328911100583335982008-01-11T17:51:00.000-05:002008-01-11T17:51:00.000-05:00Just as a warning Carl. I predict you will get st...Just as a warning Carl. I predict you will get stopped out the day before the surprise rate cut next week. The S&P cash will hit 1366 before we get zapped with a surprise 50 bp rate cut next week. I will be a buyer of the S&P Emini at 1375. Should be quite an impressive rally as the fed eases at least another 25 on top of the surprise cut at the january meeting. For now I will say a 25 point stop at 1350 for the futures. I will set the stop if my order gets filled. Remember set order to by the March E-mini at 1375.Anonymousnoreply@blogger.com