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 : Raptor's Den II -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (642)	4/24/2003 1:30:13 PM
From: The Freep	Read Replies (1) \| Respond to of 3432

Of course, AJ, as you can see from John's chart (http://www.boomspeed.com/jimson/AAII4-23-03.gif) it's not historic. It certainly should give bulls pause, but looking at the data, there have been many lower bear readings and a few higher bull readings... and these spike highs haven't yet market the high readings in the market on a weekly basis, looks like. Anyway, don't get me wrong. Quite a stat. And since I know you're not looking for the high being in just yet, it fits nicely with your scenarios as I know them. Just thought I'd link the chart over here, too, so everyone could put it in context. the freep

To: ajtj99 who wrote (642)	4/24/2003 2:08:18 PM
From: rogermci®	Read Replies (2) \| Respond to of 3432

Watch what they do, not what they say: cboe.com On a side note, I deal with the manager of a 60 broker Smith Barney office and a broker with 25 years at a Morgan Stanley 45 broker office. Neither knows one another. Both say for all practical purposes, retail business is "dead". "No client enthusiasm at all" Their words not mine.

To: ajtj99 who wrote (642)	4/24/2003 5:59:58 PM
From: Lone Ranger	Read Replies (2) \| Respond to of 3432

aj, Time for a contrary thinking check up. If the trend has changed, these people are right. During a trend the masses are right and its at the turns that they're wrong. So just as I expect the vix to go lower once this correction is over, it won't surprise me that bulls become larger in number as equity prices rise. All we have to do is think back to the late 90's to see how bullishness can be rampant but we still continue to rise. This should be a short term correction and as far as that goes these numbers are good as they should facilitate this correction. We need to shake some peaches from the tree.