Zeev's Turnips - No Politics 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 : Zeev's Turnips - No Politics

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rich1 who wrote (3298)	11/5/2001 9:14:23 PM
From: The Freep	Read Replies (1) of 99280

<<When everybody on this thread was Bearish they made fun of the ARMS indicator now we are asked to believe it cause its turning bearish..>> As I recall, the "making fun of" had more to do with those who proclaimed that the signal the ARMS index was giving HAD NEVER FAILED! Then, when it did fail, there was no comment about that. Ultimately, one can argue that the extreme ARMS readings did presage the turnaround, of course. The other argument re: the ARMS index was that possibly signals work differently in bear and bull markets. Now, it's possible we're in a new leg of a bull market, so the bearish readings might simply imply a breather in this rally (now up more than 25% in the Naz). Or they may be proven as wrong as the bullish readings were during a brutal bear decline. Time will tell. the freep

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next