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 : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (19063)	7/1/1999 1:34:00 PM
From: pater tenebrarum	Read Replies (3) \| Respond to of 99985

Jim, not only is the VIX a sign of almost universal complacency, but the equity put/call ratio hit an all-time one day low yesterday. it seems that everybody is now playing the expected blow-off. i haven't heard a single bearish comment by analysts interviewed on CNBC. the fact that the Fed model shows the SPX to be some 40%+ overvalued now isn't even mentioned. i admit that the market looks like it wants to go higher based on many technical indicators. but this unanimous endorsement of the rally worries me a lot. regards, hb

To: James F. Hopkins who wrote (19063)	7/1/1999 2:32:00 PM
From: bobby beara	Read Replies (2) \| Respond to of 99985

James, i agree the vix looks bearish, but it may become more bearish -g- during the pre-holiday wackiness. timely.com yahoo breaking out of an up angled H&S on big bar and volume and aol is just sitting on a possible breakout of it's downsloping h&S intel has broken downtrend channel from January and is one of the most actives today. bb