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 : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: Arik T.G. who wrote (4996)	3/23/2000 4:35:00 PM
From: Rarebird	Read Replies (2) \| Respond to of 5676

<Well. If I'm wrong, then the new era is here> You have been wrong thus far. The New Era is here for the time being. The Public has confidence in the King of Finance, Greenspan. He pulled off a soft landing in 1994. Why should this time be any different? Economic Cycles? I studied that Austrian boom/bust theory in College. Tell that to Bob, Ted, Alice, the American Public and the Whole Global Financial Community as they continue to pour record amount of $$$ in the stock market. I'm long the QQQ till April 15.

To: Arik T.G. who wrote (4996)	3/23/2000 5:37:00 PM
From: bobby beara	Read Replies (3) \| Respond to of 5676

>>>I repeat, CAN NOT, rise at 30% annually for ever<<< Arik, thats true, but finding the top has been highly elusive and telling when it will stop rising is the question. Anyway, if you look at charts like P&G, Xerox, Raytheon, Lockheed-Martin, JC Penneys, Goodyear Tire, Sears (i could list hundreds of em) we have already had a crash, with many of these stocks 50-80% off their highs. The A/D line has a clear ABC move down from the 1998 top, and i believe it has bottomed, maybe i'll do a wave count on the chart and show you. 207.61.23.98 The XAl has the same ABC corrective pattern, with a spread double bottom. Lately, I've been thinking that the 1998 bottom was a 24 year cycle bottom, complete with a presidential crisis. If we can continue this rally on improving breadth and get the McCllelan Oscillator above 250, I believe that this market could go much higher, with a broad based rally. The blast out of the hole on the spx last week broke the downtrendline on a breakaway gap and 90+% up volume and breadth. This could be just like 1994, with a stealth bear market. Sherm McCllelan has a Dow 30 summation index and it hit a low level commensurate with any bear market in the last 30 years. The only thing that has me questioning this is the extreme bullish readings on put/call ratios and rydex and the high amount of margin. It is possible that this will unwind as a topping of the nasdaq and money flowing into the broader market. b