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.

Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (61956)	9/15/1999 9:32:00 AM
From: Cynic 2005	Read Replies (2) \| Respond to of 86076

Look for nk-nl on the nasdaq to be very high at the open and narrow down by the close. If it is so - this goose is cooked and the next two weeks will prove to be ugly. quote.yahoo.com At 9:38AM NASDUNG NH-NLs are 45 to 8, NYSE 13 to 18

To: pater tenebrarum who wrote (61956)	9/15/1999 9:45:00 AM
From: John Pitera	Read Replies (1) \| Respond to of 86076

I can see that you've been into the ThunderCHicken this morning...... I hope you did not swipe Luc's stash -vbg- John, it doesn't matter...the day of the bears draws closer...

To: pater tenebrarum who wrote (61956)	9/15/1999 10:46:00 AM
From: TRINDY	Read Replies (1) \| Respond to of 86076

Heinz and all--I agree, Heinz. It doesn't matter. As I stated yesterday, there was little hope that the bears would get much help from today's inflation report. The retail side of energy inflation pushed through fast; thus, the April spike. The longer-term cost-push side of energy inflation will take longer to germinate, but will have longer lasting and more devastating consequence. Wage pressures will build as well, so inflation is a problem for the future, not the present. Of course, future problems are present problems for the stock market. Right now, in addition, the weakness of the dollar and the need to fight future inflation from that source alone is now calling the tune. Also, as some posters have already mentioned, it is interesting to see the DOW up today and the NAZ down, "pushing that penny around." I may not see a crash, but I just don't see a surge in stock prices ahead. There are too many clouds hanging over this market. At the same time, the base that the Trannies are forming is quite interesting. For a number of days, the market has had the transports down 30+ points, only to recover by the end of the day. What does this say to the DOW theorists? Cheers!