Ask DrBob Message Board - Msg: 14281020

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: longdong_63 who wrote (1838)	8/26/2000 11:02:05 PM
From: Drbob512	Read Replies (4) of 100058

LD: Have to say that I have heard this kind of rhetoric many times in the past 25 years, and with the exception of '87 (which was a quick bear market by historical standards), the doom and gloomers have been very wrong. I don't see enough evidence for a market crash of major proportions. Of course, the Dow and NYSE could have a correction soon, as they have had a pretty good runup compared to the Nasdaq, which has had a technical rally from a bear market decline of 40%. Did Hahn correctly forecast the April-May major correction/bear market or is he a trend follower after the fact? I am not criticizing him, because I will take your word that he is good. It is just that some people get bearish at the wrong time as trend followers who are too late. Most people's TA does not call for a sharp decline, but anything is possible. It's just not probably now, from my TA perspective. We already had a Nasdaq crash of 40% this year, and I don't see it happening again this year. What do you think?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next