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.

Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: RR who wrote (16191)	4/24/2000 11:41:00 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 35685

Dick Arms was interviewed at 3pm today on CNBC I hesitate to say his words turned the Naz market around but his appearance did coincide Arms first trotted out a Naz chart showing the downchannel upper boundary marked by the lateMarch 5150, the early April failed retest at 5000... the 3800 last week fell way short of that upper boundary lower boundary marked by the midMarch 4600, the reversed PanickyMonday at 4000, the BloodyFriday 3350 Arms noted that today's action got nowhere near the lower boundary, but did get to the previous lows most important though, today had nowhere near the volume of last visit there Arms concluded that we have an initial signal of the bottom here then Arms trotted out his Arms index, smoothed over 5days and 10days he mentioned that extreme oversold levels like what he sees now havent been seen since Sept98 maybe we are done? .. I sure dont know I havent been right in weeks and weeks and weeks unlike Bond, shaken and stirred, questioning life / Jim Willie