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Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?


To: HeyRainier who wrote (1622)8/1/1999 2:56:00 PM
From: gcrieff  Respond to of 1720
 
appreciate the comments rainier

i hope the divergence in rsi and stochastics proves to be a sign of a strong move, i think if theres no news mon,tues i'll look for an exit point.

On current conditions, i guess youre talking about the general market

heres a doomsday indicator,

wwfn.com

i'm not sure what it quoted for 1929,

best regards

coving



To: HeyRainier who wrote (1622)8/2/1999 6:00:00 PM
From: Bob Rudd  Read Replies (1) | Respond to of 1720
 
OT Rainier, you referred to the book, Financial Warnings, on another thread. What did you think of it? Must have, OK, Skip it? I've read Schilit, O'glove, Staley etc and am wondering if this is worth the rather big chunk of change they want for it. Thanks for any comment you care to provide.

Bob



To: HeyRainier who wrote (1622)8/4/1999 2:20:00 AM
From: gcrieff  Read Replies (2) | Respond to of 1720
 
Hello Rainier

The link i posted to stockmarket crash index has gone to -10, which is predicting 20% correction within two weeks time frame.

according to info on site its based on work done by imf, and has never failed to identify a crash, however it has given two false alarms.

i'm thinking better safe than sorry, i'm on 50% cash now and will look to increase to 70% within next week.

Do you or anyone have any comments on this indicator or the future direction of the market

thanks

coving