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.

Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?

To: Boca_PETE who wrote (1309)	7/20/2001 8:31:09 PM
From: Gary D	Read Replies (2) \| Respond to of 10065

Potential "exogenous" event: US intelligence: Israel will attack vny.com

To: Boca_PETE who wrote (1309)	7/22/2001 8:06:08 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 10065

Pete: I have maintained for months that sentiment is the most important indicator in this environment. Inflation is really a non issue. Valuation is high but liquidity is ample so you are left with sentiment as the determining factor and this blows with the wind. Your sentiment numbers are troubling. Couple this reading with the low AAII bear reading (15%) and you have double trouble. Add the VIX into the mix and any bull run is short on fuel. I do not see the ten day P/C as being anything at slightly above mid range. Declines have occurred at these levels. So if anything, any rally will run out of gas. I expect the downside now to have more fuel here seasonally although downside has a slowing mechanism in the form of the record number of shorts looking to cover to turn a buck.