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 : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: Dave Gore who wrote (13622)	11/19/2000 4:18:25 PM
From: David Lee Smith	Read Replies (1) \| Respond to of 39683

These are not normal times. Normally Thanksgiving week is bullish, but my analysis shows an abnormal pattern for this time of the year. The market does not need gridlock in congress...the market needs earnings, sales, and an easy going FED. What we have are slowing earnings, slowing sales and a cautious FED. Prolonged election uncertainty takes the individual investor out of the market for now. The individual investor is responsible for holiday rallies. In other words, when the professional investors take off for holiday, it leaves only the unusually optimistic individual investors to move the market up. With the professional investors going on holiday and the individual investor turning cautious, all bets are off for the Thanksgiving rally. We may be in for more Turkey than we bargained for this week. For information on the MomentuMonkey model click on the following link: www7.bcity.com