SI
SI
discoversearch

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: Terry Whitman who wrote (27253)9/25/1999 8:09:00 PM
From: Stephen M. DeMoss  Read Replies (1) | Respond to of 99985
 
Whether bullish or bearish right now, the market is like a boxer who has been roughed up good and has internal bleeding. Its only standing because of the sector rotation and a number of blue chips representing those sectors. It (the market) may get up this week and may staggar around for weeks or even months. The fact is that it is in a delicate status and many factors (many of which we are not discussing) can cause it to come down hard and soon. The selling so far has not had a lot of volume associated with it. I will stay on the sidelines until I see the internets shed 20-30 in a day (ie. YHOO, EBAY) or 1.2 billion on the NYSE of down volume. Any way to get a current quote on the Yen versus the dollar? Does it trade over the weekend? Steve D.



To: Terry Whitman who wrote (27253)9/25/1999 9:36:00 PM
From: re3  Read Replies (1) | Respond to of 99985
 
ahahhahaha has comments on gold, :

Tuesday came and went and we have our rally. It is being met with total disinterest. Not of disinterest to all those clever guys short their company's future. Can you hear them calling their economists screaming, "I thought you guaranteed us that CBs were helping us drive down the price". They can take one more day and $5 before they stop screaming, get grave, and start buying. They're going to be burning each other but good.
Wonder if NEM finally has their smart program in place? Market doesn't care. They'll bid the shares up because the company has something to do with gold. The company will give their clever managers who finally could see the value in hedging a raise for uncommon leadership. You don't have to go to tech companies to find how worthy the gods.

>>>>>>>>actually this is interesting, the hedgers and non hedgers alike may get bid up...i wonder if the hedgers can get hurt really badly financially if gold really skyrockets...or, alt. why are we bidding up stocks of co's that have presold for years...the stuff unsold in the ground gets revalued upwards, but profit won't be affected, its predetermined,,,

ike