Ask DrBob Message Board - Msg: 14499777

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ask DrBob

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jkl77™ who wrote (7328)	10/3/2000 6:43:43 AM
From: Louis V. Lambrecht	of 100058

jkl, DrBob - not looking good indeed. Updated my charts on lvlamb.itgo.com It seems that we are slowly drifting to the lower bound of the 5 years uptrend channel. This means: NDX 3266, COMPX 3152.... eeerk! Hate to be bearish! I have some support with the VIX (volatility currently easing, but would tke some days), and the equities PCR which is above the "overly bearish" level. When this one starts to lower again, this could be a valid buy signal. Coud take some days too. So, risk to the downside is real (hours to days) and can be steep. But my experimental sentiment indicators are at high levels, about to turn around. better go fishing, as a I don't expect a crash before the elections. LOL.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next