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 : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (45772)	8/12/2001 7:30:00 PM
From: Canuck Dave	Respond to of 56532

I actually saw someone on CNBC on Friday that I really liked. Besides Art Cashin of course. I didn't catch his name, but he was a youngish technical analyst out of Chicago. He basically said that the indicators pointed to a long period of distribution on old economy stocks. He expected a down trend to begin some time in the next 4-6 months. Pretty matter of fact guy. Talked about how the VIX and VXN strongly indicated the next move will be down. You always like those who agree with you, I guess!!! In classic market technical analysis, there's often a 'last upthrust after distribution' before the down trend begins. I might go long this week in anticipation of a run to Dow 10900 or so before the break down in the fall. Keeping the bets small, though. CD

To: LTK007 who wrote (45772)	8/13/2001 8:29:25 AM
From: stormrider1	Read Replies (2) \| Respond to of 56532

Hi Max and all. I see I haven't missed much the last few weeks with this miserable market. I must admit I have not missed trading in this environment; my break from trading has been refreshing. During my time off I have been pondering just what exactly is holding this economy together and came across this article that IMO explains what is propping us up. Kinda scary read when you think about it. Mike moneycentral.msn.com