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.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%Nov 17 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: HairBall who wrote (41639)2/28/2000 12:54:00 AM
From: pater tenebrarum  Read Replies (1) of 99985
 
LG, i agree...a crash would only occur if 'they' lose control for a moment. that said, some sub-indices ARE crashing.
i still believe that panics happen from time to time, often for no good reason...all it took in '87 was 3% of the invested capital trying to exit on the same day.
however, i would not go as far as predicting such an event, as they are rare, and by their very nature unpredictable. BUT as i've mentioned before, we are in a high risk time segment. since i have posted the first warning about this the non-tech indices have continued to move lower fast and with little respite.
i arrive at the period of high risk by counting the days from the top of S&P and Dow. between day 40-65 from the top is the high risk segment whenever the market has declined strongly from the high with sharply weakening internals.
the Nasdaq is ALWAYS the last to decline, although i must admit the extent of the divergence is rather baffling by now...

regards,

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