SI
SI
discoversearch

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: Pierre J. LeBel who wrote (17804)5/1/1998 5:25:00 PM
From: Tom M  Read Replies (1) | Respond to of 94695
 
Interesting link Pierre but 30-35% sounds a bit excessive don't you think? BTW, how's their track record on that service?

Was thinking about the complete lack of consolidation over the last 3 1/2 months and wondering what that would say about where the support levels would be found if we happen to go that way. I guess that link is also assuming the first major support would be the last consolidation which was January on the indexes. Looking at the S&P chart & remembering how it felt back then, it sure looked like we were putting in a triple top and were headed down. Liquidity to the rescue! We used 6 months worth of money in 3 months to pull that off (3 months worth that wasn't put in during most of nov/dec/jan + the feb/march/april inflows sucked in by the updraft). Now what'll they use?

I'd love to hear some opinions on the support levels & justifications.

thanks in advance,
Tom



To: Pierre J. LeBel who wrote (17804)5/1/1998 6:25:00 PM
From: Simon  Respond to of 94695
 
<<< Company Growth Ratio (CGR) for the S&P 500 was 0.7 - the lowest reading we have EVER measured!>>>

Aw Hell, Wait till it gets to 0.1 - Then maybe it will be time to worry.



To: Pierre J. LeBel who wrote (17804)5/1/1998 9:45:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 94695
 
Peirre, my grand grand father I was told paid the equivalent of $350,000 in today currency for a very special tulip bulb.

Gues what he was able to sell it to a neighbor for his farm and cattle ranch within a week.

Unfortunate he was killed by the buyer, as the tulip bulb failed to germinate and produce more tulip bulbs.

As you may guess the buyer ended in the poor house and the ranch was sold to pay the attorneys to defend the seller family from a mirad of allegations.

As they say blood in the street.

This a purely fictional story no harm intended.

BWDIK

Haim