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 659.00+1.0%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bobby beara who wrote (15146)5/27/1999 6:19:00 PM
From: pater tenebrarum  Read Replies (2) of 99985
 
Bobby, i have a nutz-related question: is there any way to track the pressure generated by margin calls? any records of forced liquidations being published anywhere? if so, it might clue us in on what to expect in the near future. btw, many of the netstocks have undershot their lower bollinger band recently, so we may see a little rally due to their oversold condition. several commentators have today aired their opinion that the correction in the internet sector is over, some even urging people to 'buy aggressively'. when we get a little short-covering rally to relieve the oversold condition, it will create a lot of misplaced confidence imo. i saw some of these guys on CNBC, and not one of them looked old enough to have witnessed a bear market first-hand. thus, they wrongly assume that there is no such thing. i believe they are about to learn something...soon. it was fun to see the vigorous defense of priceline.com's market cap. this has got to be the most overvalued stock of all time, even though it has been cut down some lately. when they run back up to their short term moving averages, a great shorting opportunity will present itself. the usual disclaimers apply.

regards,

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