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 : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Challo Jeregy who wrote (13365)11/17/2002 4:04:57 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 57110
 
Last November the BPNDX was at similar levels and rose over 160pts.

and I am *not* bullish!

I am more bearish than I ever was. The only thing that is changed is that I am more uncertain about the immediate direction.

Oh, and the BPNDX didn't go down to 8 on this last round.

RSI and MACD on the BPNDX are suggesting that the rally is over.

stockcharts.com[r,a]dfclynay[d20010701,20021116][p][iUb14!La12,26,9]&pref=G

and, I am short. Just more scared than normal.

One other thing is that I believe that a real uncontrolled crash is now far more of a risk. Nobody believes it can happen.