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: American Spirit who wrote (56798)	7/19/2000 8:33:25 AM
From: Casaubon	Respond to of 99985

All you bears* will have your days but it's like pissing into the wind* You don't get it. I'm not a bear. Reducing your trading is most likely a good idea but, your buying strategy is weak. You may as well put your money into a mutual fund and buy and hold, averaging in on a monthly basis. You will do better, really. Good Luck!

To: American Spirit who wrote (56798)	7/19/2000 9:20:00 AM
From: Les H	Respond to of 99985

If you add back in the 1.5 percent in inflation that they eliminated as part of the 1996 budget deal, the reported inflation rate would be 5.2 percent. Unfortunately, public sentiment is too bullish while the institutional sentiment that I posted earlier is bearish. My individual stock signals are still overwhelmingly on the sell side since last Thursday. 100 percent on the Nasdaq 100 still and now with 88 percent of the signals confirmed by declining price phase (i.e., momentum). When both are over 80, it's a strong sell on the index. The broad market is at 66 percent sells with 70 percent negative momentum. I think by early August, things will correct enough for a short-term buy at best.