MDA - Market Direction Analysis 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 : MDA - Market Direction Analysis

SPY 652.56

-1.5%

Nov 20 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: LTK007 who wrote (26890)	9/23/1999 5:49:00 PM
From: pater tenebrarum	Read Replies (1) of 99985

Max, Russel is an old timer and has probably more experience than most people posting on this thread, at least in terms of years. like many old-timers he originally underestimated the durability of this mania and turned bearish too early. in the interview he was referring to an earlier Dow theory signal that turned out to be a failed signal in the end. now however, with the breakdown in the a/d line and other signs of technical deterioration he is naturally more confident that the bear has finally arrived. i have recently read one of his weekly Dow theory newsletters and must say it's not a dogmatic rag like you would expect from a true perma bear, so i guess he should be taken seriously. regards, hb

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next