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 : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?

To: Win-Lose-Draw who wrote (916)	5/8/2003 1:24:09 AM
From: _scar_face_	Respond to of 4909

Not to split thick hairs but 90% from the highs would actually be in the 500 vicinity. That's about 65% below todays price to put it in perspective.

To: Win-Lose-Draw who wrote (916)	5/8/2003 1:33:18 AM
From: LLCF	Read Replies (2) \| Respond to of 4909

<who's talking week to week? this bear is over three years old. the naz fell ~90%. if that isn't enough to roll the sentiment over then i'm sorry, but she's right, it's useless as an indicator.> So you're bullish??? I mean, this is real time, you won't know if it works this time for years. DAK

To: Win-Lose-Draw who wrote (916)	5/8/2003 1:51:42 AM
From: lisalisalisa	Read Replies (3) \| Respond to of 4909

huh? People were (in general) bullish all the way down. so they were wrong the whole time, despite the 80% decline. How does that make sentiment a bad indicator? the fact the still remain bullish seems bearish for stocks to me. What am I missing? Because they were bullish all the way up as well? Is that even true? What was sentiment (wall street allocation, Investors intelligence, mutual fund cash levels, dividend yield, etc) at other major inflection points? In 1974, 1982, 1987, 1991, and in 1998 what was that sentiment like? Someone posted a chart of the vix during the late 1999 stock market blow off top and it was rising during the entire rally- reaching into the 40's even while the NASDAQ was about doubling in a few months...indicating a wall of worry imo. Although I have heard the VIX does not matter anymore and shows bear complacency. finance.yahoo.com^VIX&d=c&k=c1&a=v&p=s&t=5y&l=on&z=m&q=l It is my understanding that sentiment indicators at other major inflection points was much more bearish than now. Is it different this time for some reason?