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 : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Ms. X who wrote (21173)6/11/1999 3:48:00 PM
From: faqsnlojiks   Respond to of 34814
 
Wanna' hear about mine?? Thank you CNXT! :*)

-Joe



To: Ms. X who wrote (21173)6/11/1999 4:25:00 PM
From: James Strauss  Respond to of 34814
 
Technicals vs Poopnicals...

Jan:

The DOW dodged another bullet today... It keeps teasing us on the dips and then poops back up to the 10,500 area... A lot of money must be coming in to hold support around this level...

The Technicals say this tenacity to hold support is bullish...
The Poopnicals say that fear of higher interest rates is hanging over the market... That's strange since a 1/4 point or even 1/2 point rate hike seems to already be priced in to the market... So, why the Poopmoodiness???

One reason could be that the market is at the highest valuation levels in history...
We are moving closer to Y2k...
We have Al Gore Or George jr to look forward to...
The Internet fantasy is nearing an end...
Jerry Springer is being renewed...
A whiff of inflation may be in the air...
The recovery in the Emerging Markets takes away the need to keep interest rates low...

Choose any of the above... I'll just watch the tape for support and resistance areas... : >

Jim