Barron’s Picks Up Time for a Pullback

July 18, 2005 11:46pm by

barrons_online

Time_for_a_pullback_1


Barron’s ran with today’s Time for a Pullback:   

Our investing posture is as follows:

Short term, we expect
some weakness, as markets work off their overbought condition.

Intermediately,
we believe the rally can continue into the mid-Fourth Quarter, and advise using
the short-term weakness to add to long positions.

Longer term, we are less
sanguine about 2006 than our more Bullish peers. We suspect the market might be
topping out around November.

Plan accordingly.

Source:
Time for a Pullback
Barron’s INVESTORS’ SOAPBOX PM 
MONDAY, JULY 18, 2005 3:15 p.m. EDT   
http://online.barrons.com/article/SB112149336891787488.html

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  1. fred commented on Jul 19

    Always amazed at the predictions of a top at a time of the year when seasonally the market usually hits a low.

    I see a low in Oct-Nov and then the typical runup into Jan. “They” always seem to lose interest during summer…and those mutual funds doing their thing…

    This low might not be all that deep though…then again?

    Seems the techs are heating up….

    * I hate people who try to predict things……

  2. Barry Ritholtz commented on Jul 19

    you mean like the seasonal top in May — that worked out well this (not)

  3. scorpio commented on Jul 19

    is that a triple top i see?

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