SI
SI
discoversearch

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 : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (28576)8/28/2000 2:36:23 PM
From: Paul Shread  Read Replies (3) | Respond to of 42787
 
Don,

How strongly does the Dow need to close to negate your Class I Sell signal?



To: donald sew who wrote (28576)8/28/2000 2:39:41 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 42787
 
Donald, those statistics you mentioned were valid last year as the inflow of 401K money was proping the market but things have changed since last April.

This market is a moving target as far as cycles and anticipated swings are related.

Keep in mind that crude oil is holding above the $31 $32 level and the euro is 15% lower since January this year.

Also it takes much more money this year than last year to push this market higher with negative savings rates and piles of debt, there is no much free money around.
New economy or not driving and air conditioning are using plenty of energy and it hit's the pocket book, at least I feel it. My bills are up over 50% and I must pay them.

Haim