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: William H Huebl who wrote (11943)	12/20/1997 7:00:00 AM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 94695

Bill, Yes, definitely be perilously cautious. And thanks for the sober warning. That is excellent advice and I hope all bulls (and bears) take heed. I respect that and appreciate it sincerely. For peace of mind, please know that I am almost completely in cash and bonds. I closed out all my equity positions early summer and bought 30 year bonds as posted here on this thread. Those were equity position I held since 1987. What positions I have now are for the purposes of maintaining interest in this game. I have no delusions, I hope. My main interest these days is finding the next cruise for me and my wife. We love cruising. Actually, we have three cruises already lined up. Two to different parts of the carribean, east and west, and one to Tahiti in July. We've been to the local islands many times, but she likes going there. We've never been to Tahiti. Maybe we'll fall in love with Bora Bora and never return. I wonder if they have any markets there. I mean the kind that interest me. I'm sure she'll find plenty of markets for her interests. GZ

To: William H Huebl who wrote (11943)	12/20/1997 12:03:00 PM
From: Richard Estes	Read Replies (1) \| Respond to of 94695

"make sure the line you are swallowing isn't your own " Percentages count. Now look at it in kagi using 3%.

To: William H Huebl who wrote (11943)	12/20/1997 12:29:00 PM
From: Joan Osland Graffius	Read Replies (3) \| Respond to of 94695

Bill, >>AT NO TIME IN THE DOW'S HISTORY FROM 1973 (the earliest info in my database) through now have we had the equivalent of the sell-off that started in AUGUST 1997! I have been looking at the old DOW topping out charts also. Your take on 1987 is true. In 1987 the DOW did not recover as close to its high as this one has. One thing that should be telling is the Advanced Decline line, but I do not have the data to look at that indicator. During the topping out period the AD line in 1987 took a steep decline and stayed fairly steady untill the big day. But it certainly broke the trend line. Who knows where this thing is going. I certainly do not. But the interest rate environment is much more friendly now than then and could help these markets act differently. Joan