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 : MARKET INDEX TECHNICAL ANALYSIS - MITA

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bobby beara who wrote (13786)7/25/2002 2:39:18 AM
From: J.T.  Read Replies (2) of 19219
 
Very valid points.

in 1982 the public was out of equities and given up pretty much, we have a long way to get there,

Very true. However, in 1982 the public wasn't shorting like today.

And because of the huge open short interest not only by the public and hedge funds, but also record short positions by the commitment of traders, you have the combustible ingredients for massive buying from both Bulls and Bears the likes we have never seen before in our lifetimes.

Today's market has many similarities to 1974 that I have not even touched on... save that for another day.

Good Trading.

Best Regards, J.T.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext