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.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: goldsnow who wrote (11039)	4/30/1998 10:36:00 PM
From: robnhood	Read Replies (1) \| Respond to of 116762

<<But Thursday's slide cast doubt on that conclusion, analysts said. Here's a thought on that selloff.. Month end Markups in the market are legend.. This selloff arrived very late in the trading session , which I believe ends at 2.30... Hmmmmm, if I were a large short and written to month end close.... BWDIK, russell

To: goldsnow who wrote (11039)	11/17/1999 6:57:00 AM
From: long-gone	Read Replies (2) \| Respond to of 116762

Breadth is Relevant! Some observers claim that since 19 months have passed without the major averages breaking down, breadth is no longer relevant. To the contrary, however, history indicates that the worst market declines are preceded by the longest divergences between breadth and the averages. The length of the current divergence has now surpassed that of 1928-29 and is only two months short of the one from 1971-73. Toward the end of an important bullish move breadth and the trend begin to diverge with breadth turning down while the major averages continue to make new highs. This is a signal to investors that the internal structure of the market is weakening and that a change in the trend of the major averages is about to take place. The longest-lasting divergences took place prior to the two most important downturns of the century, 1929 to 1932 and 1972 to 1974. The breadth and the Dow made simultaneous peaks in May 1928. Thereafter, breadth went into a downtrend as the Dow continued to make a succession of new highs until its final top in September of 1929, 16 months later. The Dow did not surpass this peak for another 25 years. (cont) comstockfunds.com