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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Gary105 who wrote (44083)10/19/1999 8:52:00 AM
From: wanmore  Respond to of 94695
 
Gary, The significance of 1210 and 1138 on S&P is as follows. 1210 is near the bottom of Jan, Feb, March trading range. If that fails we are negative for the year and people will bail. 1138 = Dec 1998 low. When those people begin to see a negative return on what they viewed as a "for sure" investment (speaking of the thousands of S&P mutual funds out there with most "Joe homeowners" putting their money in these vehicles) the end will be here.