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: Greg Jung who wrote (80561)	7/20/2001 9:46:53 AM
From: eichler	Read Replies (1) \| Respond to of 99985

Greg, Yes, you are right. I guess with the Rydex numbers maintaining a bullish implication over these past few days, I can't help but feel the outcome should be a rally. Yesterday, I really thought we had a breakout happening. Getting faked on the long side. I will attempt to be less biased and my compliments on your perceptiveness and I appreciate your comment. Somethings got to give one way or the other soon, IMO. Really, could go either way. Zeev, who's opinion I respect, mentioned "bloodbath"... I am doubtful...I would expect to see bearish Rydex numbers for that to occur, but it would not be wise to ignore that possible outcome considering how shaky this market stands. One curiosity, the main reason I have been getting faked so easily lately, is the look of the daily Nasdaq. Unbelievable to me that the stochastics can continue to rise like that (albeit a shaky rise) while price is slipping. Have to admit that has me quite confused. !!! home.earthlink.net Regards, Eichler