MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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 : MARKET INDEX TECHNICAL ANALYSIS - MITA

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: James Strauss who wrote (455)	8/7/1999 11:39:00 PM
From: J.T.	Read Replies (1) of 19219

James, "Even two more 1/4 rate increases won't be the end of the world... In fact, it would probably stabilize the markets for the next up leg..." It is this complacent sentiment that reflects the typical investor and will take them down. In other words, it is the critical mass public who believes the stock market always goes up, it is a continuation of an existing long term trend. The NAZ is already down 11% from the highs and nobody cares. That is because the DOW is only 4.4% off the high. If the DOW decides to break 10,410, which I believe it will, you will get peoples attention when the hail holy DOW closes below 10,000. Then watch the sinking feeling set in and permeate the mood of the investing public. Best, J.T.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next