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.
Non-Tech : Invest / LTD

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lucretius who wrote (7172)2/5/1999 4:09:00 PM
From: waverider  Read Replies (1) of 14427
 
LT, you were pretty specific in the post on Jan 28 (last Thursday):

Message 7545451

>>>The crash just begins tomorrow in my opinion. And
it likely will start slowly. The bond mkt should start selling off in the morning right form the open. Stocks
might even open up at first, but then will turn down as yields on the bond mkt continue to rise. Mon, we gap
down as foreigners dump the 30-yr overnight. it gets worse on Tues. Culminating in a crash on Thurs. (or so)
or maybe this is tjust the intial decline that i have been talking about that we should get before a bounce and
crash in late Feb? who knows? but we're goin down if the bond mkt starts to reverse. THAT I guarantee.<<<

Well, the DOW is about the same place it was then.

quote.yahoo.com^DJI&d=3m

Yet the bond market has been selling off...

quote.yahoo.com^TYX&d=3m

LT, I don't want to be a pest but what happened to this CRASH
that was supposed to happen yesterday "or so?"

I have given up trying to predict things from graphs because the market doesn't care anymore...there is too much money. Until the money flow changes I saw we are going to thrash around here for awhile and have a few rotational corrections. THEN we start to move up again for the year.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext