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


To: Steve Lee who wrote (24256)1/15/2003 12:05:25 PM
From: Jeff  Respond to of 30712
 
But it is useful to identify the frenzied endgame of a rally when the crap flies and the big stock distribution starts.

yup....i already talked about crap running at tops last year on this thread.....

it worked great for the august top.....

on the flipside....crap started running early in the october rally and i said if crap stays strong and AV'S in november.....the market rally is not over and shorts will get toasted in november.....

crap exploded in november.....

crap running early in a new year is something that always happens.....so trying to use that indicator now is a waste....

the true test of a top in a new year is if the crappiest of the crap...the otc stocks start exploding as a "group"....then you know the party is over......



To: Steve Lee who wrote (24256)1/16/2003 7:40:19 AM
From: LTK007  Read Replies (2) | Respond to of 30712
 
is there a BB stocks index to see if it is peaking out.
It really is an excellent indicator of the last leg of a bullish trend.



To: Steve Lee who wrote (24256)1/16/2003 8:13:57 AM
From: LTK007  Read Replies (2) | Respond to of 30712
 
Around 8am they started jack up the futures. SPX from -2.5 to unch/ Nasd from -5 to +0.5/ DOW from -18 to -3.
If lower again by 9am, they have a failure this a.m. in the air pump valve. Max