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: donald sew who wrote (64525)	9/27/1999 6:50:00 PM
From: accountclosed	Read Replies (2) \| Respond to of 86076

donald, thanks for posting your warning note on the myth thread.

To: donald sew who wrote (64525)	9/27/1999 6:58:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 86076

Don, i was looking for a blow-off to satisfy the standards set by historic precedent - but i can sure live without one<g>. since we are officially in a bear market according to Dow theory and today's bounce was accompanied by continued weakness in the NH/NL statistics you cite and renewed weakness in transports, utilities and financials i'm quite comfortable with staying short at this point. i'd say last weeks action in the market has reduced the chance for a blow-off considerably. i'd reconsider the potential for a blow-off only if the market's internals strengthen considerably and the indices manage to re-break former support (now resistance) levels to the upside. regards, hb

To: donald sew who wrote (64525)	9/27/1999 9:58:00 PM
From: Terry Whitman	Read Replies (1) \| Respond to of 86076

It's OK to make strong statements on the MYTH thread Don- In fact it is encouraged. I think I'll make one myself: "THIS MARKET IS TOAST!" Short the Fck out of any rally! <g> BTW- Got gold? <vbg> Side note- The front page of my newspaper today had an article titled, "Market's recent fall may prevent CRASH" Holy sht Batman- they're using the C-word on the front page. Not a good contrarian sign. <ng>

To: donald sew who wrote (64525)	9/27/1999 10:08:00 PM
From: yard_man	Respond to of 86076

So glad you dropped by -- seems so appropriate, so timely ...

To: donald sew who wrote (64525)	9/28/1999 11:05:00 AM
From: xstuckey	Read Replies (2) \| Respond to of 86076

NEW LOWs have not been around the 200 range for such a long time, except during the bear market of the early 1970's. Don, Interesting point, but the first thing I thought about was what percent of the total population of stocks did 200 lows represent in the early 1970's? Do you know ? I don't know for sure, but my suspicion is that 200 lows then probably corresponds to at least 400 lows now as a percent of all stocks listed on the exchange. Any Thoughts ? Best Trading, X