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 : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: brightness00 who wrote (3278)	11/5/2001 7:09:05 PM
From: ajtj99	Read Replies (1) \| Respond to of 99280

Jim, do you disagree then that an essential element for the end of a bear market is a double bottom? If I recall correctly, that's a pretty fair technical rule. If we keep going up here, it will only lead to a larger drop in the future. Also, remember that many of the MM's are the same people who are pumping the stocks with those timely "upgrades" to keep things moving in the correct direction while they prepare for the inevitable dump. Most of the unbiased pro's are expecting a double bottom, so the more people that can be suckered into this rally, the more shares the MM's can unload on them while they short the top. That's the basics of distribution. The MM's know which way this is going to go. Don't let them sucker you.

To: brightness00 who wrote (3278)	11/5/2001 10:36:21 PM
From: TraderXx	Read Replies (5) \| Respond to of 99280

Jim..couldn't agree with ya more. Its laughable how all these guys are sooo convinced ..when was it?...geez..must have been 300 points ago, that this market was going to retest the lows again? I, along with all the other traders, ie ones who trade the market long and short have been laughing all the way to the bank on all of you bearish "professional" money makers and "investors". I'm sorry if I'm a little harsh, but its the arrogance of the SI bearish threads that have me dying laughing. You guys are the biggest contrarians I've ever seen! Thank you! TraderXx