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 : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: marginmike who wrote (2465)	1/28/2000 2:21:00 PM
From: fuzzymath	Respond to of 19219

Exactly, Mike. It has to drop at least 20%, and then it has to not come immediately back up, then start going down farther before the new breed will begin to wonder. One failing of my models is that they don't tell me anything about how far the market will fall. All they tell me is whether the market is more likely to rise or fall near-term. So, I don't know how far this might go. There's a bit of recovery this afternoon, but someone's really plowing money into the bond market. That has to be professionals trading out of stocks, wouldn't you think? Kevin