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: Lee Lichterman III who wrote (41726)	2/29/2000 7:30:00 AM
From: Terry Whitman	Respond to of 99985

I was beginning to wonder if anyone was gonna tackle the dollar divergence. Foreign capital you think? Must be strictly in tech issues if so. I have often heard that foreigners are the last ones to the party. I agree with you on the bounce. The weekly SPX pattern for over a month now has been Up into tuesday (or 2nd day of the week) and down the rest of the week. The DJI chart, from the top, shows no rallies lasting more than 2 days. If this is a bottom in the Dow30- I would expect the rally to last more than 2 days, and also to break thru that steeply falling resistance line. I remain bearish until it does. New lows continue to expand, and the gold stocks are about to join that list if they don't turn around right here. <ng> Of course the XAU has been a buy under 60 for a good many cycles. Right Bobby? Regards, TW

To: Lee Lichterman III who wrote (41726)	2/29/2000 7:38:00 AM
From: Filbert	Respond to of 99985

Slightly OT: I have decided to not even bother with technical analysis, fundamental analysis, PnF, Elliot Wave, BTD, or any other method of factoring the market or its direction. I am now suggesting the Hunter S. Thompson approach to investing. "Faster, faster until the thrill of speed overcomes the fear of death". You read it here first. How could we possibly fail to have triple digit returns year over year? Don't think, just TRADE! Filbert