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: donald sew who wrote (23679)	8/24/1999 8:50:00 AM
From: Terry Whitman	Respond to of 99985

An informative link to a 12 yr. history of FOMC moves in the 'Stock Market Cycles' update this week. geocities.com I think 1987 should be looked at closely for similarities with the present. BWDIK, TW

To: donald sew who wrote (23679)	8/24/1999 8:56:00 AM
From: pater tenebrarum	Read Replies (1) \| Respond to of 99985

Don, you may remember that i argued that the rally be given the benefit of the doubt. the new high in the INDU hasn't been very convincing though. it was accompanied by a host of non-confirmations and in terms of internals, the latest rally must count as one of the weaker ones of recent memory, as the a/d line barely managed to budge and NH/NL recovered only grudgingly. on the positive side i still see bullish sentiment comparatively low, and pullbacks should serve to further improve the sentiment picture. i currently expect a correction in the wake of the FOMC which should be followed by a more convincing, broad-based rally once it has run it's course. the final blow-off rally still lies ahead imo.