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.

Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?

To: Bilow who wrote (1913)	9/8/1999 5:12:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 3543

Carl, a word re. mutual fund cash levels: they are exceptionally low right now (slightly over 4%), and have trended ever lower in recent years, as being fully invested has become a sort of mantra among mutual fund managers. however, these cash levels are not useful as a timing tool, though they are indicative of the market running into problems at some point in the future. for the chart comparisons you seek, go to decisionpoint.com where historical technical charts can be found. just to point out a few highlights: the current a/d line divergence is the worst since 1929 in terms of depth and duration, and the NH/NL differential peaked in October '97. clearly, the longer term outlook for the market is clouded, even though i would not be surprised to see a final, extremely narrow blow-off rally before any serious problems develop. regards, hb