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 : MDA - Market Direction Analysis
SPY 668.73+1.5%Nov 24 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Haim R. Branisteanu who wrote (7161)2/27/1999 8:37:00 PM
From: HairBall  Read Replies (2) of 99985
 
Haim: J6P should begin to get news between 3/8-12/1999. However, keep in mind that the good reporting 401K plans report quarterly and even the non-active Fund Accounts get reports quarterly as well. This would put most J6P'ers in the know by mid to late April 98.

Keep in mind, that the July 98 pullback started after the mid year reporting was completed for the six month period ending June 30, 1998. Then the second leg down was accomplished by achieving the lowest closing number for the DJI of the entire pullback on Aug 31, 98. Just in time to be included in the August monthly statements.

I don't think that enough damage has been done to panic J6P, yet! If the Big Boys want him/her out soon, they will signal it this month, so the monthly and quarterly statements to be sent out in April will be influencing. Of course, if there is a major move down, the network and local news will panic J6P out “when ever”.

Monty posted a very interesting link on Jim's new thread, well worth the read.

BWDIK
Regards,
LG
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext