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 : A.I.M Users Group Bulletin Board

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: OldAIMGuy who wrote (5497)8/31/1998 5:13:00 PM
From: JZGalt  Read Replies (1) of 18928
 
Tom,

The term "selling climax" has meaning here.

Remember the p/e analysis we have talked about that went to "sell" in early April? Today's reading is something other than sell. Typically after a sell signal is lifted it takes a while for the market to get rolling again, but it is one heck of a lot safer than it was 3 hours ago. ;-)

I haven't done the AIM by the book method in full yet, but you are correct that the cash would have already been gone.

These last few days have felt like 1987 redux. Not fun, but I hope the outcome coming out the other end is the same.

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