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 : Zeev's Turnips - No Politics
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: t2 who wrote (10201)12/3/2001 8:29:50 PM
From: DlphcOracl  Read Replies (1) of 99280
 
NewVision: I cannot guess as to whether a normally reliable indicator will, in this instance, fail -- I just quoted verbatim what I read. The editors of WallStreetWinners included those paragraphs as part of an update in which they believe the ST direction for the indices is to partially correct the gains since 9/21. They are not alone. The technical analyst John Murphy (MurphyMorris.com) and the technical analyst and market timer Sy Harding are also making that call.

On the other side of the fence, Don Hays (a savvy Wall Street veteran believes we are in the early stages of a powerful bull market that will last 18-24 months. He believes any corrections will be shallow and short lived.

They are unanimous in one regard, however -- they all believe that the lows were established 9/21 and do not see a retest to those levels. They differ, however, on how much of the gains since 9/21 will be given back in the first meaningful correction, if one occurs.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News