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Tuesday, October 11, 2005

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CHARGE!

How do we know when the stock market will put in a major bottom? This is a combination of science and art. Many forecasters have tried to make the bold call over the last five years only to have egg splattered all over their faces.

Individuals do not have to concern themselves with such forecasts in order to make money. However, columnists are forever tempted to make "THE" call. Regular readers will know that we have been discussing NASDAQ (around these levels) as a potentially tremendous buying opportunity. We have explained in prior posts the reasons for our Bullish outlook. Therefore, we will spare you the details in this particular post.

Suffice it to say, that your friendly neighborhood Kcap Team strongly believes that the possibility for a multi-year bottom in the NASDAQ will be reached in the next couple of days, currently NASDAQ 2063. Our necks are so long on this call that we can pull leaves off of Giant Redwood Trees. Despite this it would be irresponsible for us to not share with our readers what we truly feel.

Understand this, we are not recommending that you back up the truck in case we are wrong. We are simply suggesting that you should be AT LEAST REVVING-UP your equity portfolio for this potential outcome.

Don't Sit There Frozen, Buy Something!

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The analysis, opinions and/or forecasts expressed on the Kcap Trading Blog (“KTB”) are for informational purposes only and should not be relied upon in making investment decisions. By using this site you agree that Kleiner Capital Management, LLC (“KCAP”) and its principals are not liable for any action you take or any decision you make in reliance on any content. Please be aware that there is no commitment by KCAP to update the KTB. Furthermore, there may be inconsistent timing and follow up (if any) of posts.
None of the information on KTB is considered individualized investment advice and should not be construed as a recommendation or solicitation to purchase any securities. Reliance on information provided on KTB in no way establishes an advisor-client relationship. Investors are encouraged to seek the advice of a qualified investment professional prior to investing funds.
Clients of KCAP, as well as the firm’s principals and other employees, may be invested in securities discussed at KTB. However, any mention of said securities is not intended to influence market conditions for the security to the benefit of KCAP clients and/or principals and employees. KCAP is not affiliated with any advertisers on this site and does not endorse any of their content. For additional information and disclosures, please visit www.kleinercapital.com.
The information on KTB has been furnished from sources we consider to be reliable, but no guarantee is made with respect to accuracy.

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