Waiting for the big Kahuna 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 : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Barbara Barry who wrote (17303)	4/25/1998 7:46:00 PM
From: Haim R. Branisteanu	Read Replies (2) of 94695

Barbara, we are in a distribution mode. If you noticed many days we go down intraday only to recover the last hour. My translation is the stocks move into weak hands which is the sure prescription of a crash. The whole idea is to figure out at which time this process is toward it's final stages - e.g. any new selling pressure will cascade into a bigger drop as it has in October 1997 for example. Due to full employment, Joe Dipster and Longterm Sixpack were able to stablise the market until SE Asia got out from the free fall. This scenario will change dramaticly if Job creation will falter. My speculation is that we are on the verge of a lower employment rate. Job creation and Un-employment are lagging indicators, IMHO. BWDIK

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next