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 : Ultra OTC Fund - UOPIX -- Ignore unavailable to you. Want to Upgrade?

To: bob wallace who wrote (826)	11/15/2000 10:45:00 AM
From: OldAIMGuy	Respond to of 2063

Hi Bob, That's fine, I don't mind you clipping coupons while I wait. :-) I would think that the weaker hands have let go by now of both UOPIX and the N-100 stocks. Stronger hands will eventually support the bottom. I don't see the future, so can't do any more than guess at it. I read your "bull/bear" sentiment note with interest. As long as there are new fresh investors with some $$$ in their pockets, there will be optimists! Are the pessimists all in hibernation, or do they just not show up to vote because they're too depressed? Maybe the ballot was confusing and they thought they were really voting bearish when in fact they were voting bullish. Maybe the Neutral marker was close to the Bullish one. It could be a conspiracy to cheat investors our of their Right to know where the market is going next! Let's examine the forms! Let's get Tom Brokaw's opinion on the subject! Katie and Matt should be given a chance to speak, too. I bet if we try, we could get Reverend Jackson's opinion as well. I demand a RECOUNT!!! I'm hiring a Lawyer! :-) Seriously, I really am surprised by the continued bullishness. My own indicator has dropped a very long way, but is still only back to about the middle of the "Average Risk" range. This is still a long way away from Low Risk. I personally blame too much "purchasing power" being on hand. Part of it is in the form of continuing cash deposits through retirement plans into institutional manager's hands. Part is money taken from the table earlier this year. As wild as the speculation got last March, and with a tidy 40% trimming off the top of the NASDAQ high, we should have seen my Speculation index go to negative values, and it hasn't. aim-users.com This tells me that your view on investor sentiment is probably right. Still too many optimists out there! Best regards, Tom

To: bob wallace who wrote (826)	11/15/2000 6:03:44 PM
From: John	Read Replies (1) \| Respond to of 2063

I switched everything over to USPIX today. There appears to be way too much bullishness out there considering all of the uncertainty surrounding the election, and the fact that the FOMC did not adopt a neutral bias going forward. I wasn't going to short, even in the face of all of this, but the real clincher for me was the fact that NDX closed higher today on low volume, despite all of this bad news. I will be shocked if the NDX closes higher again tomorrow, unless of course the pendulum swings in Bush's favor once again. This is only my opinion, and I could be wrong! :-) Best Regards, John in Iceland Light Snow and Rain, 33°F