Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (40924)	6/23/1999 10:14:00 PM
From: bearshark	Respond to of 94695

Heinz: Two more things fell into place today. However, the market can take two or three days to react to them. They are a little week but still valid. It certainly would be nicer to see a stiff decline tomorrow. I continue to believe that volume is the key ingredient. For the market to move up in the face of the coming week seems absurd. However, the things I use in my analysis are strictly based on the actions of the market. One more bad day down; some strange intraday action; and then higher volume. I have no idea if it will happen but we are continuing to approach an up-move measured in excess of 500 INDU points. The only way I know to see it unfold is to watch the first half-hour of NYSE volume.