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 : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: maverick61 who wrote (50894)	4/20/2001 2:18:18 PM
From: HandsOn	Read Replies (2) \| Respond to of 57584

HAR, AS is spending time over at WCOM Yahoo thread Today. I'm long WCOM BTW.

To: maverick61 who wrote (50894)	4/20/2001 2:24:18 PM
From: ~digs	Respond to of 57584

--posted on April 3rd-- Rare signal from the ARMS index: It has been a little more than a week since the market sent us one of its most reliable, yet least-seen bullish signals. Only seven times in the past 32 years has the 10-day moving average of the Arms Index for the New York Stock Exchange moved over 1.50. (The Arms Index shows the relationship between the number of stocks that increase in price and those that decrease, and the volume associated with those stocks.) In each case, it was a clear and timely signal that the market was ready to move higher. The occasions that it has given such a reading are at the bottom of a big decline in 1970, the bottom of the bear market in late 1974, the decline of 1980, the low just before the secular bull market lasting 17 years got started in 1982, the panic bottom in October 1987 and the big drop in 1997. In most cases, it was within a few days of the exact low. At the close on March 21, this index (which some traders may still be calling the TRIN) went to 1.61. Dick Arms in TSCM Message 15603799