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: pater tenebrarum who wrote (43987)	3/24/2000 12:26:00 PM
From: Doo	Read Replies (1) \| Respond to of 99985

We've talked about sentiment indicators before. I only follow two....IIA and VIX. Short term, I see some fear I haven't seen in the IIA numbers. VIX...I've never seen it trend higher in the midst of an explosive move which has followed price and volume bottoming confirmation signals on each and every major index. I hear ya on the RYDEX, but I don't follow it. This thing looks panicky/explosive for this afternoon and Monday's open. NYSE specialist short position is usually early, isn't it? Don't get me wrong, I'm a long term bear, trading short term bull moves.

To: pater tenebrarum who wrote (43987)	3/24/2000 12:40:00 PM
From: Terry Whitman	Read Replies (1) \| Respond to of 99985

Money growth has flattened recently according to this MZM chart- fiendbear.com I'm thinking tax refund and IRA buying will probably keep the market up for another few weeks. Fridays have been good days to sell lately- I'm not taking any positions on today. Have some sell orders in. Will re-evaluate on tuesday probably. BTW- It looks like the A/D line is pushing on through that downtrend resistance line, as was my best guess. Since the A/D downtrend began, the trendline breakouts- though weak and short in duration, have corresponded with huge rallies in the large cap indices. I see nothing currently that would suggest this time will be any different. (except that MZM chart) geocities.com

To: pater tenebrarum who wrote (43987)	3/24/2000 12:51:00 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 99985

Foreign markets outperforming the US today after lagging so far in this rally. My large position in international value funds starting to pay off. I agree we are in for a big correction after the end of quarter ramp. One thing that puzzles me though is that VIX is climbing in a soaring market. Have never seen this before. Could be signalling a lot more upside next week.

To: pater tenebrarum who wrote (43987)	3/24/2000 11:48:00 PM
From: Greg Jung	Read Replies (2) \| Respond to of 99985

heinz, the so-called "broad" market of late is probably the symptom of last-minute IRA contributions going into mutual funds. After 4/17 we can't contribute from 1999 allocation and we have a whole year to get the cy2000 contribution in. Hence the typical pause and stall of the market after mid-april. Last few weeks have an undercurrent of this broad funding but there is a pile of speculative frenzy money that seems to be sloshing from one end to the other. So once a sector gets saturated it stops moving and the money seeks another sector. Once they ALL get saturated then we get the OTC:BB run up. After a dose of reality, with PALM, MSTR, and biotech degradation, we're ready to party again so go with your old buddies, Cisco and MickeySoft.