SI
SI
discoversearch

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.
Non-Tech : Dorsey Wright & Associates. Point and Figure

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jeraldo515 who wrote (4525)1/6/2000 10:15:00 PM
From: Tigress  Read Replies (1) of 9427
 
jeraldo515:
"did any piffers anywhere have any indicators or indications( other than intuition, a WAG , or an artistic nuance) that even suggested monday afternoon the debacle that was to follow tuesday morning and hopefully is near the finish this afternoon?"

I noticed at least 6 indications to confirm an imminent correction:

1. Yogi reported 6 days that his indicator was Extremely Overbought at +5).
Dates were: 12/17/99, 12/21, 12/23, 12/27, 12/28, and 12/29/99.
Message 12414201

2. Dick reported how reliable the OPTI was as a contrary indicator:
Message 12460075

3. Jori X. McKie reported his negative opinions before year end. You'll have to follow the
Piffer OT - featuring JXM & the Princess thread back.

4. A radio show broker I follow took his vacation last week. I'm convinced his timing is
always planned and impeccable.

5. On 12/23/99 there were 2129 bullish vs 327 bearish mutual fund charts and by 12/29/99
there were only 1105 bullish vs 72 bearsh charts. For the record, yesterday's statistics were
381 bullish vs 1182 bearish. IMO, still not enough bearish charts to indicate this is "the" bottom.

Tig

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext