MDA - Market Direction Analysis Message Board

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 : MDA - Market Direction Analysis

SPY 681.92

-0.7%

Dec 31 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: lurqer who wrote (69311)	2/17/2001 3:00:54 AM
From: Psycho-Social	Read Replies (2) of 99985

Re Bearish Sentiment Getting More Bearish: Two comments are in order; first, it's impossible to ever have a clear as a bell signal of capitulation that is accepted by most Market participants. If a large number of investors/traders recognized the development of such a signal, they would alter their investment behavior and the Market low would never fully develop. I believe that is why Jake Bernstein's DSI's are more accurate than the Investors Intelligence survey since it became popular. Bernstein has limited? credibility and exposure, so not many people change their behavior based on his data. 2nd: I am willing to hold as long as it takes once I've completed my buying. I held one position last year from March 31st till late August before the sell signal came. The shorter time horizon used by most MDD traders demands a different approach. This may not be the ultimate bottom, but it's close enough that I'm pretty sure I'll have a profit by the time a bullish consensus develops.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next