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 : VOLTAIRE'S PORCH-MODERATED

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: stockman_scott who wrote (33059)3/12/2001 11:21:51 AM
From: Jill  Read Replies (2) of 65232
 
Scott, I've come to conclude that bottom is the wrong word here. I don't know that there will be an obvious bottom or capitulation. May only be apparent after many months. Have to wait and be sure bear rallies are not just that, have to see strong steady basing on the NAZ and haven't yet.

Teresa had an interestng analsis of the NAZ last week or so...comparing to the Nikkei when it fell from its bubble, she targetted 1757 or thereabouts....

Moreover, she said ahead of time that knowing how perverse the market can be (I'm paraphrasing here), and since 1987 in retrospect was a sudden capitulation seen as the mother of all buying opps, this market would grind down with everybody buying on the dips (thinking it was 87 again)...bleeding them through continual losses...looks like that slow bleed is indeed the case
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext