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


To: Lizzie Tudor who wrote (15403)12/8/2002 11:01:51 AM
From: lurqer  Respond to of 19219
 
I haven't heard too many say the bottom is in

If you would like to, just tune in CNBC or Blomberg TV any market day. Even last week's valuation downgrades produced near apoplexy on the part of many. The securities selling business is alive and well.

lurqer



To: Lizzie Tudor who wrote (15403)12/8/2002 3:29:02 PM
From: t2  Respond to of 19219
 
I haven't heard too many say the bottom is in

I don't know about that. Any manager that I have seen come on CNBC, says the bottom was set in October 2002.
Far more than I have seen anytime this year...and probably more than September 2001.

I think that conclusion was reached simply because the Naz has rallied so much off of the bottom. Even if the bottom is in, Naz 1100 is still a long way down...if we are to retest it.

btw-.this is now a tough market to figure out; so I might just daytrade until things clear up a bit; leaning a bit to the bearish side now.



To: Lizzie Tudor who wrote (15403)12/8/2002 4:36:09 PM
From: PAUL ROBERTSON  Respond to of 19219
 
watch CNBC. Bull to bear ratio is about 10 to 1. On Friday many of the bulls were getting very upset at the occasional bear. It was almost as if the bulls were attacking the bears. Sure would like to know if such action has any meaning. Kramer was funny. He was implying that one bear stating his opinion was a moron for being bearish.