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 : The New Bull Market. -- Ignore unavailable to you. Want to Upgrade?

To: bearshark who wrote (891)	6/28/2002 5:54:56 PM
From: Chip McVickar	Respond to of 1750

bearshark, Don't really know what "tape readers" do....! Kind of a throw-back to the old ticker hole machines.....?<smile> I've noticed the exact same thing about these markets and have speculated it was the big houses banging heads..., and unable to move and sector or establish much of a trend. Nowe you've confirmed what I suspected. So, now we have programs and institutions again dominating these intraday moves and running wild. Because of that and the failure of the market to hold the upside move of Monday and then Tuesday morning, I set aside the data that I have successfully used over the last several years. It still says we are way oversold but it too is acting differently. Only traders will survive these next few years, the public will not be very happy and continue pulling away. However, this could still mean stocks can go up. Chip