Point and Figure Charting 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 : Point and Figure Charting

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Davy Crockett who wrote (25739)	7/18/2002 11:53:19 PM
From: Bwe	Read Replies (1) of 34809

Excerpted Chartcraft Commentary: "As we have pointed out many times in the past, substantial market corrections often end with more Bearish Advisors than Bullish ones. This is what happened last September when we saw three weeks in row with more Bears than Bulls. Longer term advisors have been too Bullish for too long, and this week we have seen a cross over. The powerful Bull Market of the 1990’s has left a lot of advisors expecting even more Fed head Alan Greenspan talked of a irrational exuberance in 1998 when with the Dow in at 6,300. We are still well above that level despite the big market drop. This unwinding of excessive advisor optimism can take some time to work itself off, but nearer term the readings suggest a rally or better."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next