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: donald sew who wrote (19070)	5/26/1998 6:35:00 PM
From: Nancy	Read Replies (1) of 94695

<<The one thing that is interesting is that when the NEW HIGHs get this low it normally means that we could bounce to the upside. Since my data only goes back one year I cannot see how it did during bear markets. If it continues down alot more, it could indicate that we may be in a transition period of a more intense bearish market.>> i dont have actual data but i can ask a friend to check that out - new high, new low is The most weighted indicator in his work. from memory, if the down trend is formed (not a trading trend), we will see new low continues to expand and new high continues to contract - that was the case in 1996 jun-jul period before we bottomed out. i dont know whether we are still in a trading trend or we start a down trend - time will tell. but the rotation is fast and furious and we might end up with a market similar to 1994 - i mainly in mutual funds in 1994 and knew all mutual funds were flat or losing during the whole year.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next