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: Haim R. Branisteanu who wrote (26478)	9/21/1999 9:33:00 AM
From: dennis michael patterson	Read Replies (1) \| Respond to of 99985

The Top Is In, according to these guys, as the Mc Osc is -59: Shepler Capital Management: Weekly Outlook for 9/20 - 9/24/99 DETERIORATING TAPE In our 9/13/99 commentary we stated: "Based on the fact the we are now in the window for our 9/14 +/- 2 trading day minor cycle high, we would expect that that market will experience a brief pullback at some point next week. If the market drops prior to Wednesday's CPI we would view that as a good short-term buying opportunity for a final push to new highs into month-end... Again, due to extreme over valuation, the risk level is high for long positions, so we must watch key indicators closely as we attempt to finesse the final weeks of this bull run. The McClellan Oscillator is one of those key indicators, and a drop below the zero line would be of concern, *with a breakdown below -50 being a signal the the top is in.*"