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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: OldAIMGuy who wrote (9834)1/5/2000 12:35:00 AM
From: fuzzymath  Read Replies (1) | Respond to of 18928
 
Why the rush to the exit doors today? Yes, that one was quite curious for me too. But yesterday was wacky, with the NASDAQ up 1.5% and the broad market and bonds way down.

Volume wasn't anything unusual today, so it didn't look like a mass crush to get out of the market. Still, everyone in the market seemed to want to sell. Very odd.

The advice of my models in these sharp downturns is quite simple: it ain't over till it's over. Every one of my indicators (even the longer term ones) were negative starting yesterday. So now I sit and wait...

I gave a plug to this forum on SUNW, my other primary site. Someone wondered about "fair value" for the stock market. I told them I found some interesting analysis of that here. Maybe we'll get some new visitors!

Kevin