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

To: Dan Duchardt who wrote (17036)	4/27/2003 9:07:57 PM
From: eddieww	Respond to of 19219

Bravo! >eom<

To: Dan Duchardt who wrote (17036)	4/27/2003 9:24:21 PM
From: NOW	Respond to of 19219

beautifully written post! cheers!

To: Dan Duchardt who wrote (17036)	4/28/2003 10:39:33 AM
From: dvdw©	Read Replies (2) \| Respond to of 19219

Dan what a superb analysis. Even if I could find something in it to disagree with I wouldnt do so. Your underlying premise of the market being different today than yesterdays market is true, and the way to play it has changed due to the various factors you mentioned and more. Here is the latest short interest for April NASD short interest out for April: up 2.8% to a fresh record high of 4,456,502,765 shares. Supply and demand are still at work. The best illustrations are at the extremes BRK at approx 1 million in its float, demonstrates the empiracal nature of Supply demand equation. The Obfuscation of the supply demand equation is the key metric of this market. EBAY has also performed according to it's own Supply imbalance very well. While a stock like ESST lacks the conviction of EBAY so it is easily obfuscated.The shorts are playing a game based on what they believe they can get away with. The general public has very good reason to be concerned about the churn manifest in the market. Many companies are being robbed of their excellent performance over the last several qtrs by the generalized inside the trade Short manipulation. Price suppression for the purpose of accumulation is just one angle on this. Subversion connected to political goals is but another. Supply and demand is the only metric where the relative constant of the float can provide the true sentiment of investors concerning particular issues. In each successive quarter one can see the effects of the attempted obfuscations, under present conditions it would be impossible to predict how and when this situation will be redressed. Trade shorts are particularly aggregious in their INTENT to rob investors in the present. This undermines potential traders efforts but does little to effect Investors who understand the manipulations as temporal machinations. Squaring the players with the action of the moment is a huge challenge, espcially as it relates to those who trade against the trend. It has become increasingly unfashionable to buy and hold, I suppose those going into real estate and other physical assets are doing so as a response to this metric, once the belief in the market has been charactrized as corrupt a thousand reasons for avoiding the game are put in motion. Real Estate as an alternative to stock investing has proven itself as directly as playing the Short trend, but with additional psycological benefits of proximity and potential income production. What Psychology supports being Short low float growth companies?...none at all, its just gambling with the thought that the trend is on your side, so just go for it! The Players doing this shorting that break the Supply demand rules, are using the mechanism of the market to manipulate value, this is not a wholesome psychology, its corrupt and it will have ramifications. That it can be done, does not mean it should be done. Much of the delay in redressing these imbalances is directly related to the depth of the hole already dug. Its the same as the bubble valuations but just the reverse.