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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (9743)	11/15/1997 11:57:00 AM
From: geewiz	Read Replies (5) \| Respond to of 94695

Hello all, Joan raised an interesting question "where's the money comming from?"; most of us suspect that the insurance companies and brokerages are unloading shares while the small investor hurries to buy the dips. Here is a link to a Nightly Business Report segment from last week which examines money flow as measured by transaction size. As we all assume the big players have been in decline since August: quote.com Anybody have opinions on Marty Zweigs' assurances that we had deflation in 47 and 53(?) and the market rallied? I'm going to have to look at some more background information on the economy in those years; my suspicion is that other fundamentals were stronger. How about that 4% plus productivity number reported last week? Wow was that a suprise! Wonder what skewed that number? regards, art

To: Joan Osland Graffius who wrote (9743)	11/15/1997 12:35:00 PM
From: Bonnie Bear	Read Replies (2) \| Respond to of 94695

Joan: short-covering: even if you don't own any, it may be useful for you to look at the tortured churnings of BEARX. Tice has shorted a portfolio of really desperate losers, I stick with him because it's easier for me to handle the churning through a mutual fund, I can take the risk, I like (hate) his picks, and the gain potential is bright. nearly all of his stocks were up sharply, and it's disproportionate to any of the indexes. stockmaster.com There's a repeatable pattern here. There's a runup which is likely a short-covering rally of 5-10%, a few day drift, then a substantial correction. Note how much different this looks than the Mar-april correction. Tice's portfolio has dismal prospects and lots of downside potential so you might want to use this as an index for short-covering activity.