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: Madharry who wrote (30121)	10/16/1999 10:39:00 AM
From: Jorge Sierra	Respond to of 99985

>>If the market drops by 40-60% will those loans still be good? << You are considering a zero chance of happening possibility, the market will do -15%, -20% a miracle -30%, but 40%-60%, no way Jose. -20% over 4-6 month period, started Jul-6 ? we are now like -10% ? I think, it already did -10% (DJ, SPX), it has not done it on NASDQ, QQQ ? so is a selective correction ( very well welcome) By TA (weekly stochastic/MACD on SPY), the correction started like 4-5 month ago, I dont see exact day because when I see a graph weekly frequency days are hard to see. Started at the begining of Jul. Conclusion, now stochastic on SPX quote.com is at 1.16, very low, weekly frequency, so I expect another pullback of +4% on spx before going down again. This correction will be -6%, +4%. It wont be -20% in one week or even worst -40%.