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.
Pastimes : The Naked Truth - Big Kahuna a Myth

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: pater tenebrarum who wrote (85250)2/1/2001 3:34:25 PM
From: John Pitera  Read Replies (1) of 86076
 
Heinz, many market internals show we did have an important
low on Dec 21st. If you look at Les Horowitz's table of
data, showing % of stocks above their 5 dma, 12, dma
as well as all of his other data, you will see that we
were at extremely low percentages on DEC 21st, and all of
the numbers started to move higher after that date.

but I agree with you about the potential for leftward
translation in an ongoing bear, that should happen by
definition.

-----

bill Gross get's the curve jumping -g-
Entire curve helped by comments late yesterday from PIMCO's superstar fund manager Bill Gross, who suggested that we may see a funds rate of 4.00% or less over the next six to twelve months. However, given the richness of the front end, Gross noted that he favors the 20-30-year Treasury sector right now, a dynamic that may explain some of the recent signs of life at the long end of the curve.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext