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 : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: highyarolla who wrote (41568)	7/29/2001 11:42:24 AM
From: highyarolla	Read Replies (1) \| Respond to of 100058

Biased By Dream Scenario: I admit I want the major averages to have one last rally. Let's see. We can only dream that in 2 months the VIX gets to 18, 30 dma of put-call gets to .55, we rally up to the 1300-1350 S&P 500 neckline zone in a rising wedge with diminishing volume and breadth as daily ranges slowly contract. Perhaps all four surveys show 60-20 bullishness-bearishness readings. The public and Wall Street are euphoric again saying how the tax cuts, rate cuts, and diminishing tech inventories mean the recession is over. Can it get any better than that? Hardly. Will we get all those ducks lined up in a row for us? Probably not. But if we do, all of us can sell our houses to max out on index puts like crazy and all be multi-millionaires in 3-6 months!