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Banco Santander, S.A. Message Board

  • MARCELAQUEVEDO MARCELAQUEVEDO Sep 30, 1998 8:11 AM Flag

    look for a selloff today europa,asia,s.a

    the world markets where desapointed with .25 drop
    on interest rates.. they were looking for .50
    we
    should see a world selloff tomorow and it will flow into
    our markets at the open...
    look for this one to be
    down should test 15..... going into the low tens....
    stick around and you will see.. you dont need to much
    comomsence to see whats going on ,,, the earnings are not
    coming in at the top firms..they wont be any
    exception...
    plus the SEC are checking some of the earning some
    companies are reporting they sound to good to be true... a
    lot of firms are doing creative accounting... they
    ask the firm how much you want us to show as
    earnings...
    i think there will be better times this is not the
    time to be jumping in...
    good luck
    tomorow

    look for this one to test 15 tomorow, by years end
    this one should give everthing back ...
    it sounds
    crazy but look around and you will see that is
    possible
    look at some firms highs and now look at where they
    are....
    remember october is around the corner... and that tax time
    selling

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Marcela,

      You say "by years end this one
      should give everything back ...".

      Are you
      saying that STD will be back at 27-29, or back at
      6-7?

      Is your point that the fluctuations, though severe,
      are short term? Or that the elevator is going down to
      stay, for awhile?

      Do you really think that there
      will be much year end tax selling? I suspect that
      there will be much less this year as the decline has
      already been severe, and many people have already taken
      their tax losses already. I do agree that October can
      make people nervous.

      I agree that sentiment is
      negative, but is the reality that bad?

      By the way,
      do you own any STD? Have you owned any?

      • 1 Reply to canoeist2
      • Dear Canoeist: Marcela's writings remind me very
        much of
        Nostradamus. You have to dis-encrypt her
        black-shrouded
        apocalyptic messages but at least she gives us the
        other
        side's versions. I say if the whole market is going
        to
        hell in a basket it will be a whale of an opportunity
        to
        buy. "If your problem has a solution why worry? And,
        if
        it doesn't, why worry?". Our STD is a sound
        bank
        with an extremely good management team. We should take
        the
        craziness of the market in stride, keep
        buying in the dips
        and we will all be in good shape.
        KING MIDAS.

 

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