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 : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: jimsioi who wrote (5362)12/20/2003 5:05:09 PM
From: jimsioi  Respond to of 109006
 
NASDAQ Summation Index continues to decline.

stockcharts.com

Are we seeing the case of fewer and fewer stocks rising, typical of a top...

This summation work for the NASDAQ and NYSE with its associated McCellan Oss have not been particularly useful or indicative during this year's romp....Somebody pointed out, was it you ISO, that in every market move there is one or another indicator, dependable in the past that failed to work....this seem to be the one this time ----- unless it's about ready too....

DIA
stockcharts.com[l,a]dacayiay[dc][pb40!c200!i!f][vc60][iUe12,26,9!Up14,3,3!Lg!Lc9!Lf!Ll14!Lb14!Lya7,14,28]&pref=G

QQQ
stockcharts.com[l,a]dacayiay[dc][pb40!c200!i!f][vc60][iUe12,26,9!Up14,3,3!Lg!Lc9!Lf!Ll14!Lb14!Lya7,14,28]&pref=G

Quite the difference ...



To: jimsioi who wrote (5362)12/21/2003 10:36:47 AM
From: anyer  Respond to of 109006
 
Jims, Thanks for the Faber link. I have read his book.
Am waiting for gold stocks to PB myself. Would like BGO under 3 if possible.

Interesting that the DJI outperforming the NDX now;could be the reverse of the NDX outperforming the DJI in early 2000. The monthly charts only show a bear market rally fomented by leverage.

Faber convinced me last year that the best investments were outside the US. The US must deleverage eventually!



To: jimsioi who wrote (5362)12/21/2003 9:44:03 PM
From: yard_man  Respond to of 109006
 
thanks -- enjoying listening to that.