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 : Investing during a Bear Market -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (208)	11/14/1997 3:06:00 PM
From: Richard Estes	Read Replies (2) \| Respond to of 226

"the DOW has broken its 150 day moving average " As it has three times in last 3 years. Each time a number said this is the crash. My mother used to tell me as a child, that a depression was just around the corner, since she had lived thru the big one. There are intelligent people that say a crash is on the way and have been saying it for years. One day they will be right. I am down to 90% in cash, waiting for a trend to be firmly established one way or another. I would look at a move below the 10/28 low as a point to move to the short side. There are always stocks to short, and stocks to buy, but such a move would turn me to the bear side