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: da_cheif™ who wrote (15136)11/30/2002 9:39:28 PM
From: J.T.  Read Replies (3) of 19219
 
Perfect. The set-up for the perfect storm.

The mother launch. Call it Primary epicenter Wave 3 Up or Supercycle epicenter Wave III it does not matter - we know the outcome: Orbital leg up that few will cash in on.

Unfolding before the very eyes of the Bears. We have already launched off the bottom and few recognize it for wot it is.

The NYSE boyz have successfully hoodwinked the bagholders into selling out at the bottom. October stockfund outflows were 7.7 BILLION. Fund redemptions for November are roughly 5 BILLION net selling.

And the mother indicator, the patient once in a generation fail-safe buy signal; NYSE Member Off-Floor Net Balance Index.

NYSE member boyz total net stock accumulation now at 1.8 BILLION shares for all of 2002 - which is equal to their total net accumulation from 1995 thru 2001 combined. Shares bought under public selling duress at huge discounts from the majority bagholder average purchase price. Shares they will distribute at the top at significantly higher prices to the public getting all lathered up about stocks again. Oh the finality of the last chapter of the Book Bagholders Anonymous. lmazzoff

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