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


To: bobby beara who wrote (23000)8/13/1999 8:43:00 PM
From: Joan Osland Graffius  Read Replies (2) | Respond to of 99985
 
bb, >>As we were discussing in early mid July, the declining vix toward new 52 week lows indicated investors were fully invested with little worry.

If you are correct with the "fully invested" assumption, we are now in a bear stock market, because there will not be sufficient capital to push this market above the old highs. It will just fall under its own weight. BTW, this would not surprise me. It also would not surprise me if it is a slow grind down. It will not take very long to confirm this conjecture.

Joan