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To: Tom Trader who wrote (36403)10/13/1999 11:33:00 AM
From: John Pitera  Read Replies (1) | Respond to of 44573
 
Hi Tom,

those comments on bonds you mentioned.

~~But that was a great call on the
bonds -- I heard someone else say that as of now the bonds are probably the kind of steal that stocks were in Oct 98!!~~~

were made by Robert Robbins on Wall street week last friday. According to WSW he has a great long term record.

here are some of his comments that wallstreetcity.com posted, I emailed them to someone so I have them handy.
WSC did not quote his Oct 1998 mention, but he sure said it.

were made by "I'm still super bullish," says ROBERT ROBBINS of ROBINSON-HUMPHREY.
"I've been bullish for 17 years. I think this market is going to go a
long ways. I think it probably will go another five years, maybe longer.
If it does, I think in another five years I think the market will
double." He says the "same powerful forces are in place: disinflationary
monetary policy, a new paradigm in monetary policy and in fiscal policy
-- with the risks really pretty low and more in the trade area." He says
bonds are "fabulously attractive" with interest rates falling perhaps a
half-point per year for perhaps the next three years. ("Wall Street
Week",
10/9)



To: Tom Trader who wrote (36403)10/13/1999 11:36:00 AM
From: Patrick Slevin  Respond to of 44573
 
<has two successive large gaps down >

Have not checked, I could I guess but I never looked at something like that.

The Drill for today was that a Gap Down was somewhat bearish. I looked at that just before the Open and held off.

I'm still getting organized and haven't even updated my data since Thursday. But in general these gaps have been coming rather often these past few months. I'll bet there are gaps all over the place, up and down, that have yet to be filled. But scanning for that pattern might take me some time and I cannot spare it at the moment, sorry.

Try posting to coug, it will probably wake the fat cat up but after he catches a Road Runner or something he'll calm down.



To: Tom Trader who wrote (36403)10/13/1999 11:59:00 AM
From: coug  Read Replies (2) | Respond to of 44573
 
Hi Tom,

You rang....Just perusing the thread to see what the smart money was doing and seen my name..

I don't follow gaps per se.. bu I do follow collective day patterns of my market derivitives as I call them, for the last 6 months or so.. AND yesterday's action was just like August 27, today is setting up like August 30 so if this places out we could culminate our short term low tomorrow before midday.. If we get some good good volume numbers early, I will go positive.

good luck.. coug