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 : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: Killswitch who wrote (14558)	9/11/2002 9:51:29 AM
From: dvdw©	Read Replies (1) \| Respond to of 19219

Every stock Individually that I am accumulating has accelerating sales and income. People are so focused on the Indexes and the averages, they are simply not taking the time to get into the forest to inspect the trees. In every market at all times there are transitions, these transitions go through cycles and right now the values I seek are utterly apparent from the progress being made quarterly. Price Suppression is a fact of life, Mr Market is not going to tell anyone where to find VALUE, it's up to everyone to find it on their own. It's their in spades, if one looks. Transitions are natural shifts in demand, some are introduced to us long after the fact of their arrival, others just leep out all at once. Both are plentiful and distinguishable in the current trend by those who enter the forest to inspect the trees. The Presence of high Short interest in stocks with accelerating sales and earnings are but two conditions that identify and tag the character of the market. Mr Market wants the Herd to remain cohesive, this facilitates the workings of FUD and the appropriation of Value for himself. I look for companies like INTEL 20 odd Years ago, I see clearly the game being played and the players intent is magnified each passing day. I do not buy stock in companies with over 120 million shares outstanding, for me VALUE is in the trajectory toward Liquidity creation. And that is the bottom line.

To: Killswitch who wrote (14558)	9/11/2002 4:36:21 PM
From: Killswitch	Read Replies (1) \| Respond to of 19219

With all those short assets still in Rydex, and the lack of any major terrorism today, there should have been a bid under the market today. What this tells us is the smart money ain't buying at this level, and dumb money (mutual funds, etc.) don't have any cash (actually they may be getting squeezed to sell). Any downward movement at the open tomorrow that sticks will create an extremely bearish candlestick pattern on the indices. BTW, we are still following the Nasdaq retrace perfectly. If we continue we should go to around 1200, bounce up slightly, and then begin a slide to 1000. If it continues past that we should bounce back to 1200 area then slide to 750 over a prolonged period next year.