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: Zeev Hed who wrote (69337)	2/16/2001 7:07:28 PM
From: William B. Kohn	Read Replies (1) \| Respond to of 99985

Zeev, I spend alot of time lurking and sometimes posting on the JDSU thread. What I'm seeing is more people throwing in the towel than I've ever seen before. Almost every comment has a bearish connotation now, compared to a day or a week ago. Many people indicate they will have to exit on Monday due to Margin calls. Interesting, any feelings for when this little jig actually hits a short term bottom? Bill

To: Zeev Hed who wrote (69337)	2/16/2001 8:14:45 PM
From: bobby beara	Read Replies (1) \| Respond to of 99985

Zeev, i posted this chart a few days ago of the broadband holders and said we had made five waves down from the fed meeting 207.61.23.99 that and george's trin had me smelling bull real good, i made some good money on the run-up, sold when is saw that rising wedge forming yesterday and me being a bozo, bought back at the close, i thought that we could get another day or two out of the rally, fortunately i had some gold stocks that offset the give back today. now from that above chart (broadband holders)you have wave 1 from the 1/23 top (remember i was a lonely bear around there -g-), wave 3 down from the fed meeting into the low a couple of days ago, this fakeout rally wave 4 and now we are plunging into wave 5 down from the 2/23 top with extreme trin readings. I think we are finishing off the 2 leg down in the bear market (started sept 1) in this time frame and we should have a rally back to 2900-3000 area before the final 3rd leg down maybe into october, thats where all those aforementioned missing pieces to my sentiment figures will fall into place -g- thats all IMBO (in my beanie's opinion -g-)