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: bobby beara who wrote (20854)	7/22/1999 7:40:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 99985

Hey guys cycles smikles it is Nostradamus meeting with Dracula the reason to blame as they await August 11. "and in mid day in the SUN darkenss the King of terror will be seen" <GG> sunearth.gsfc.nasa.gov MEEE - Certified from Transilvania BTW what about just plain overvaluation and tulip bulbs tasting <GG> INDEX OPTION TOTAL INDEX CALL VOLUME : 63,035 TOTAL INDEX PUT VOLUME : 121,784 TOTAL VOLUME : 184,819

To: bobby beara who wrote (20854)	7/22/1999 7:53:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 99985

Bobby, well, based on the theory that the nutz reflect the state of mind of the mania, the weak showing of the sector is indeed food for thought. interestingly, prominent advisors such as Shaeffer and Dines have only recently recommended one should put money into the group, as they expected it to resume it's leadership and outperformance role. their rally off the recent lows had all the hallmarks of a bear market rally however. short and sharp, from an inverted h&s pattern that has now obviously failed. otoh, there is so much manipulation that it is sometimes hard to distinguish between real and false breakouts, see the recent MSFT distribution bull trap. should the nutz carry on in breakdown mode, margin calls will strike once again. that could pressure higher quality stocks as well, as the speculators tend to sell those first when confronted with a margin call in order to be able to hang on to the trash - it always comes back after all,doesn't it? regards, hb