SI
SI
discoversearch

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.
Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: kodiak_bull who wrote (12336)2/8/2002 3:57:32 PM
From: Think4Yourself  Read Replies (1) | Respond to of 23153
 
Anyone watch the Tyco bull/bear debate on CNBC just now? I am biased towards bullish but as objectively as I could be I felt the bullish guy ripped the bearish guy a new body orifice. That was the most lopsided debate I have seen in quite awhile. Sounds like the company has addressed all the accounting issues and was never in violation of GAAP, by the bear guy's own admission. That was the guy who had raised the accounting issues in the first place.



To: kodiak_bull who wrote (12336)2/8/2002 5:03:01 PM
From: Warpfactor  Read Replies (3) | Respond to of 23153
 
Re: VIX and market reversal indicators

Nasdaq MacLellan Oscillator was at -198 before todays action. -100 is considered a buy signal, any penetration of -200 most always brings immediate reversal. Following Sept 11th however, that indicator was taken down to -322.

The Daily Equity Put/Call ratio is already flashing an Intermediate term buy alert.

ARMS Index now on 16th day following the 1.50 breach. Has never extended beyond 20 days. Although I have reason to believe that "this time may be different", I will still give deference to the track record of the ARMS Index.

I think we're getting the reversal next week, but I wouldn't be surprised if today was it. A weekend of Barrons may provide the fuel to get to that point. Getting antsy - those who buy the usual tech suspects now should do well, but I'm holding out for more. Whomever it was who picked up CREE yesterday is probably pleased with himself about now.

Do the markets have a day off next week for Presidents day??