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 : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: Toni Wheeler who wrote (650)	9/2/1999 5:16:00 PM
From: pater tenebrarum	Respond to of 19219

I read AG's speech as well...and it seems to me that the author of this report simply presented his very own, highly subjective interpretation. i took AG's speech as a feeble attempt to talk down the market by pointing out that it is a bubble, which is something most market participants are well aware of anyway. it is just that every single one of them believes he will be able to get out in time... my bet is that the markets will continue to laugh off the Fed until one day, out of the blue, a little panic puts a sudden end to the game. in hindsight 'resons' will be found for it, but the simple truth is that all bubbles eventually end in the same manner...with or without the Fed.

To: Toni Wheeler who wrote (650)	9/3/1999 3:34:00 AM
From: J.T.	Read Replies (2) \| Respond to of 19219

Toni, It's employment number day. Last three years this day has been down. But it has been followed by strong Tuesdays first day back after labor day. These are major trigger supports that need to hold on a close in the next three to five trading days in order to avoid a crash or set up for the crash later this month. Failure to hold these levels will bring capitulation and opportunity; DOW 10,550 UTIL 307 TRAN 3,012 BKX 765 SPX 1,294 RUT 412 NDX 2,328 SOX 509 IIX 273 If we rally out of the gate, these numbers may not come into play until one to two weeks out. Best Regards, J.T.