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 652.53-1.5%Nov 20 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: StockOperator who wrote (11908)4/23/1999 4:58:00 PM
From: pater tenebrarum  Read Replies (2) of 99985
 
SO and all, did anybody catch what jerry favors said in detail? i was too busy closing out positions and didn't pay attention. i always like to know what he thinks. btw, another little danger sign reared it's head : richard cripps of legg mason was praising the broadening of the market and declared himself 'not particularly worried'.they had to push him into mentioning interest rates as a potential pitfall. well, that worries me, remember, in one of my earliest posts on this thread i warned that an improvement in the a/d-line would induce complacency among analysts, and he's now the forth or fifth guy i hear saying this. another warning was mailed to me by MWD, the headline on their latest missive to customers was entitled 'our commitment to equities is increased'. last month it said 'near term uncertainty'. their chief strategist p.canelo has increased equity allocation to 70% from 60%. he was one of the guys calling for a 10-20% correction at dow 9200, right before the market started to take off. mind you i'm not in panic mode, but i said i would point out what i regard to be early danger signs and their frequency has slightly increased of late.

regards,

hb
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