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 : Bear!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James Clarke who wrote (116)6/14/1998 12:01:00 PM
From: Acey  Read Replies (2) of 271
 
To all,

I just found this thread and thought I'd get some opinions on exactly where the market is heading.

I have turned cautious over the past few weeks as the NYSE Advance-Decline Line topped out way back on APril 3rd, about 6 weeks before the Dow did. Worse, new lows on the NYSE began flaring up just as the Dow topped. This is bearish.

Worse, new lows hit a whopping 259 on Friday. The day the market broke last October, there were less than 200! At first, I thoiught this would just turn out to be a normal correction, say 10% or so, with lots of panic. Now I'm wondering if this really is a bear market.

Interest Rates are the only thing keeping me relativly optomistic right now.

What's everyone's thoughts??

Acey
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News