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: Casaubon who wrote (33268)	11/12/1999 10:36:00 AM
From: Doo	Respond to of 99985

O'Neill's comment is something like "turkey's flying" or "dog's barking" or something (I'll look it up, if you wish), and it might seem like that is what is happening. Indeed, througout this Inet mania one would be inclined to think that that comment has applied to this market, periodically. However, if you follow O'Neill's price and volume and sentiment indicators you'll find that confirmation of an intermediate term (3-9 months) bottom occurred off the October 18 low. There have been several intermediate term changes of direction during the Inet madness which are true to O'Neill's work. We are very early in the most recent move, and just because the Inets are running does not make O'Neill's comment applicable, IMHO.