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 : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: Jeff who wrote (7057)	9/13/2002 2:18:38 PM
From: 16yearcycle	Read Replies (2) \| Respond to of 30712

How do you feel about a 1070ish bottom in late Oct, followed by a retest around election day and then up to 1250-1300 in about 4 weeks after that? Then retest in spring, but a higher low? Thats what I get from all your charts. We will see.

To: Jeff who wrote (7057)	9/13/2002 2:31:29 PM
From: Berk	Read Replies (1) \| Respond to of 30712

I agree with what you say Jeff. I believe that wide spread public discussion of the similarity between the two speculative eras would precede the price variance too. To date I don't believe that we have had this, although correct me if I'm wrong. I also believe that your comments about the final drop are very relevant since from my readings that is what knocked out a lot of players in the thirties although the statistician in me can't ignore the 86% correlation in the MRCI charts that Gene presented. Whatever, as always the game will be interesting. One last note: spoke to a friend this morning that is manager of a brokerage office and to date this month is worse than September of last year. To me this means the public is out on one off basis so I would expect the volatility to remain high.