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: FrozenZ who wrote (76415)	5/2/2001 10:20:27 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 99985

Did you notice that the VXN is "kissing" the lows set Jan 31st, the bginning of the February Massacre? Are we in for a May massacre? Zeev

To: FrozenZ who wrote (76415)	5/2/2001 10:29:27 PM
From: bobby beara	Read Replies (1) \| Respond to of 99985

i didn't take as AS bashing, but i know he has been getting kicked lately, i think more because of quantity, he's ok in small doses -g- stockcharts.com[l,a]daclyymy[de][pc20!b200!a11][vc60][iUb14!La12,26,9] the nasdaq and nikkei run pretty good in tandem, it's breaking out of a bear trap base (check out that abandoned stick at the bottom), the bearishness on japan to me anecdotally reached almost the bearishness of the 98 bottom, looking at the above chart i would be more fearful to be short than long -g- the nwx is attempting to break out of an inverted H&S base, as is the nasdaq, during bear markets inverted H&S patterns fail, i don't think this one will. my feeling (wag) is that we have seen the extreme in bearish sentiment, shown in rydex # and put/call ratios, for this segment down from march 00, and we will have to see more exhuberance before another leg down is possible, that's starting to show in some of the sentiment figures, but i think it will take more time to get the necessary bear capitulation. b