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 : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: westpacific who wrote (19699)	10/9/2004 8:21:06 AM
From: orkrious	Read Replies (1) \| Respond to of 110194

Westie, with you bullish, I know my shorts are safe <g>

To: westpacific who wrote (19699)	10/9/2004 1:49:49 PM
From: ild	Read Replies (2) \| Respond to of 110194

West, who cares about rummy DOW. Give me all time high on NAZ! -g- Did you see this: idorfman.com China is really slowing down. And it was China that ignited the world after SARS scare.

To: westpacific who wrote (19699)	10/10/2004 12:55:29 AM
From: Kailash	Respond to of 110194

"Not the time to be short, loaded spring, coiled tight." Loaded, right -- but the force is headed down. Oct. 4 (Bloomberg) -- The Dow Jones Industrial Average failed three times this year to exceed its previous high and fell to about 10,000 each time, most recently a week ago. To Citigroup Inc.'s Louise Yamada, the pattern means that the benchmark is headed for a decline. Yamada, ranked by money managers as the top stock-chart analyst on Wall Street for the past three years, also cited a slowdown in trading and declines in bellwether stocks such as Coca-Cola Co. as reasons to expect lower prices. "We just can't seem to find the volume to carry rallies," said the analyst in a telephone interview from her office in New York. ... Lower Highs The Dow reached 10,737.70 on Feb. 11, the highest in almost three years, and dropped 6.4 percent in the next six weeks. The 30-stock average had a rebound in March and April, climbing 5.2 percent to 10,570.81, before turning again. Another rally began in May that carried the benchmark up 5.8 percent to 10,479.57 before topping out. The latest advance boosted the index 5.4 percent to a peak of 10,342.79 on Sept. 7. This series of `lower highs' is a sign of weakness, said Yamada, a member of the U.S. investment policy committee at Citigroup's investment bank. "The decision point is whether or not the August lows can hold or will it follow the downtrend that has already been put in place." quote.bloomberg.com fiendbear.com Echo boom running out of steam? Cheers, Kailash (happily short)