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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: ZOOB who wrote (10116)10/27/2000 6:09:00 PM
From: Clappy  Read Replies (1) of 65232
 
ZoobieDoo,

I was a little disappointed with today's Naz results, but then it occurred to me that I should look at the Naz chart and see how far away it's indicators were from saying buy.

Ya see I'm beginning to realize that more and more of us small investors/traders are beginning to rely on "buy" signals before committing their money.
Although the Naz turned on a dime yesterday, it isn't possible for the entire market to turn around from a week or more of doom and gloom.
Sort of like a huge ocean liner, the market takes a little while to get itself turned around and headed in the other direction.
I think next week we see a little good and a little bad with less volatility.
Eventually indicators will begin to show green and we will be off to the races.
A lot of these indicators may turn up (coincidentally) right after election day.
That's when investors will know where investment dollars may be headed.

We will see.

I just hope we begin to head north soon.
I'm beginning to believe some of the doomsday stuff I read here and there.
The longer the market is down, the more realistic it sounds.

There is/was a bubble in the stock market.
As a result many of the other markets have bubbled.
As each one pops, a chain reaction could follow.
I wonder how long the real estate bubble will stay inflated.
Will these various market bubbles continue to pop on down the line?
Has the Dollar become a bubble?

The more I think of it, the more scared I get.
Hopefully the market will continue to grow in a controlled fashion from here on.
This way there will be less pain to face later on down the road.

-ClappyTheBubbleBoy
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