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 : ZenWarrior's Trading Paradise -- Ignore unavailable to you. Want to Upgrade?

To: ZenWarrior who wrote (304)	4/3/2001 1:30:41 PM
From: manfmnantucket	Read Replies (1) \| Respond to of 2462

re levels - just eyeballing the chart daboneknows posted stockcharts.com[l,a]decanimy[df][pb50!b20!d14,2][vc60][iLs12,26,9!Lm12!Lp14,3,3!Lc7!Lo14!Lg] I'd say 1600, but OK, sure, 1500... my point was that by one definition, we have done no more than return to an uptrend baseline after a bubble, and that to enter a normal bear market from that norm/baseline would imply movement down from the current level. Of course, I too hope otherwise, and I think the April 15 factor could be what stops the decline (tax selling subsides and IRA contributions kick in, stemming the current hemmorage from 401K-related fund redemptions) >Don't you thnk the bear has been just as harsh as the bull was speculative What I'm trying to say is that "bull" and "bear" aren't as appropriate descriptions as "bubble" and "burst". Yes, when bubbles burst they do so not with a whimper but a bang. And a different set of historical comparisons become pertinent. For one thing, analyst valuation metrics get reset after stocks make a drastic move, and that can't really happen until prices reach an equillibrium of sorts. >Because the market looks ahead, not back. I believe the economy will start doing well later this year. I've heard "the market looks ahead" too, but I think it waits for signposts, and right now the signposts that CEOs are reading all say "DANGER: CLIFF AHEAD." Of course, one year ago they were reading "DANGER: EXPERT SKIERS ONLY. NO EASY WAY DOWN. " But too many of them had taken lifts to the black-diamond trails when they should have been on the bunny slopes ;-) MfN