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.
Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: AllansAlias who wrote (42037)6/13/2002 11:55:02 PM
From: Gut Trader  Respond to of 209892
 
On a similar vein from Worden's Teleclown 2000"...I'm trying to prepare you psychologically for what may look like unrecoverable carnage in the market. In so doing, maybe you'll be inoculated against paralysis. Paralysis prevents people from acting..."



To: AllansAlias who wrote (42037)6/14/2002 12:50:39 AM
From: Perspective  Respond to of 209892
 
M3 continues to stall:

federalreserve.gov

That is NOT good for the bulls. Starting to see some decent redemptions from stock funds, too:

from bigcharts.marketwatch.com

4:40PM
Investors pull $5.2 bln from stock funds in latest week by Craig Tolliver Investors yanked $5.2 bln from stock mutual funds in the latest week, following $6.8 bln in outflows the week before, Trim Tabs said Thursday. Over the five-day period ended Wednesday, equity funds that invest primarily in U.S. stocks had outflows of $4.3 bln, compared with outflows of $5.8 bln the prior week. Stock funds investing abroad saw outflows of $900 mln vs. $1 bln siphoned off in the previous week, according to the Santa Rosa, Calif.-based fund analyst. Trim Tabs tracks daily flows of 90 mutual fund families, representing about 15% of all equity fund assets, to arrive at its weekly estimates.


Secular bulls are about more money chasing fewer stocks. Secular bears are less money chasing more stocks. Until we get extreme bearish sentiment, long-term trend will remain down.

Tech getting ready to probe September lows, banksters weakening, biotech bleeding. Dollar weak, gold in the early days of a multi-year bull. Retail tailing off. People looked for a crash in 2000 - me included. But with all the pillars of the bubble still in place, there was no way for that to happen. Now, one by one, the pillars are falling. Even the homies are faltering.

Got double dip?

BC



To: AllansAlias who wrote (42037)6/14/2002 1:01:10 AM
From: Paul Shread  Read Replies (1) | Respond to of 209892
 
FWIW, Zeev's looking for only a 3-5 week bounce when this is over. Not quite Tommy Bear's C from the sounds of it.

Message 17601406

Message 17601194



To: AllansAlias who wrote (42037)6/14/2002 1:44:48 AM
From: Shack  Respond to of 209892
 
It looks like a good chunk of the MM assets cam right out of Nova and Titan which are sporting some low levels. Tech was less dramatic a change.

Makes me think this bounce ain't done.