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 : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: KymarFye who wrote (82666)	2/27/2002 1:27:13 AM
From: bobby beara	Read Replies (1) \| Respond to of 99985

it certainly would be a lot prettier, if the dow kept going down a couple of weeks ago with the nasdaq and both doing a hail mary to the downside, instead of bolting to the upside creating this market chaos, The Dow leading? <<< the dow is famous for making higher lows and diverging from the nasdaq at major bottoms, or minor bear bottoms, whether thats the case now? here is a chart that i worked on tonight, the WSJR with consuelo mack on sunday the opening story was on homebuilders, homebuilders have been in the limelight lately, lots of bullish sentiment stockcharts.com stockcharts.com[w,a]wallyyay[df][pb50!b200][vc60][iUb14!La12,26,9][J3157316,Y]&pref=G and that five wave count that may top anyday now looks good for a final topping five waves from march 00 when the builders bottomed (probably because rates topped and nasdaq topped and money rotated into value) but now are homebuilders topping because rates are going up, or because that part of the economy is going to cool or both? another thing that brought this to my attention was that this morning there were 4 or 5 homebuilders or related stocks on the $ gainer list.