Leeb's Market Forecast

Leeb's Market Forecast
March 26, 2008

Dear Investor, Below is the most recent Market Forecast update. To ensure that you continue to receive our timely market emails, please add us to your address book or safe list. Leeb’s Ground-Floor Trader Weekly Update In the financial markets, dramatic moves in one direction often are reversed soon thereafter. That's because smart investors recognize an overreaction and quickly take advantage.   Essentially, that's what has happened last week when investors took profits in commodities -- which had enjoyed a tremendous surge -- and moved back into oversold stocks, particularly in the financial sector. The selloff in commodities was to be expected after they had come so far, so far. But it was a little steeper than we anticipated, and inspired some commentators to applaud the "bursting" of the "commodity bubble."   We disagree. In any bull market, a correction occurs when short-term enthusiasm takes security prices beyond where they should be. That doesn't mean the bull market is over. In fact, we see the selloff in commodities -- particularly precious metals and energy -- as a buying opportunity; obviously, others agree, as many commodities rallied strongly today.   Advertisement ------------------------------------- Special Live Teleconference for TCI subscribers   "Profiting from Today's Financial Crisis" Join Dr.Stephen Leeb, Dr. Patrick J. DeSouza, and Greg Dorsey , on April 10, 2008, at 5 PM, as they present timely information on some of the unique money-making opportunities available in today's market.  In this 40-minute, live presentation, you'll discover...   What the prospect of a new Presidency will mean for your portfolio. 3 stocks set to outperform during the on-going credit crunch. Trading strategies that help to outperform even in the most volatile of markets. How to protect your savings from the coming inflation wave. Which industries will generate the highest profits for the next five years.     As a special bonus, all attendees will receive a FREE 3-month introductory membership to Leeb's Aggressive Trader.    To register, click on this link ...  Leeb's Aggressive Trader ----------------------------------     The buying opportunity likely isn't over. Commodities won't shoot straight up from here. In the short run, for example, gold could fall further -- the mid-$800 range is possible. Oil also has remained higher than expected in the face of economic weakness; if it drops well below $100 a barrel, we won't be surprised. But the long-term trend for both gold and oil is definitely higher, and investors should retain their exposure -- and increase it on selloffs.   Why will commodity prices eventually resume their bull market? As we’ve been pointing out, virtually every metal is in scarcer supply in the U.S. -- still by far the world's largest economy -- than it was at the turn of the century. The same is true for oil. And agricultural commodities also are experiencing supply-demand constraints that have boosted their prices. Even if we have a mild recession here at home (still not a foregone conclusion), the global economy continues to grow. Upward pressure on commodities is a given in the coming years.   The IPO market remains sleepy, though not moribund. Last week's successful IPO for Visa (V) -- the largest in U.S. history -- shows that investors remain ready, willing and able to bid on attractive companies going public, even in a volatile market. Visa priced at $44 and immediately traded up.   Until next week,   Nick Lanyi, Editor, Leeb’s Ground Floor Trader   Advertisement -------------------------------------   Leeb's ETF Trader   A Trading Advisory Service For Active Investors   Designed for well-capitalized investors with high risk tolerance seeking  ...   The potentially higher capital gains consistent with short-term trading. A better way to target sectors experiencing above average growth. A way to seek positive returns even in flat or sideways markets.   Leeb's ETF Trader offers investors a sophisticated short-term trading strategy that is easy to follow, requires only a few minutes a week, and features on-going support from a team of professional analysts.   Are You Ready For The Next Level Of Active Investing?                            Leeb’s ETF Trader   -------------------------------------   If you cannot view this mailing click here. This email was sent to LEMMETRY@GMAIL.COM. You are receiving this email because you have requested a free subscription to Dr. Stephen Leeb's Market Forecast. Click here to be removed from this mailing list. Click here to be removed from all of our promotional offers. 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