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: Jon Matz who wrote (45358)1/4/2000 11:19:00 PM
From: E. Davies  Respond to of 94695
 
What happened during the first two trading days of January 1930 may offer a clue

The crash in 1929 makes whatever happened in Jan 1930 an exception that does not fit any pattern.

Eric



To: Jon Matz who wrote (45358)1/5/2000 8:07:00 AM
From: nextrade!  Respond to of 94695
 
Jon,

I've been wondering the same. I view the the pattern of the past two days as not really bullish for the longer term, but based on that history, maybe less bearish.

What surprised me was how easily the 1420 level of the S&P was taken out. I do think a healthy Nasdaq pullback into the 3750-3800 area will find buying. The VIX may give us some clue.

My feeling is the liquidity that exists can't be underestimated, not that where it goes makes any sense <g>

Regards,

nextrade!