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: Daniel Ray who wrote (22343)7/26/1998 7:39:00 AM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
Daniel Ray,

Yes, the bull is dead. No ifs, ands or buts! Now the bears can come out of their caves and do their best and will, I suppose.

I really enjoyed your post... thanks for sharing all that with us.

To play along with your theory that FA events define the market... to what level does that go? Hindsight is always 20-20 and should we enter an extremely bad bear market and there is no "defining event" I guess we could say SEA or Clinton-gate (he has been called before the Grand Jury now, as I understand it) caused it.

But what I do know is that VGY is underneath the 17 wma, the 144 tsma and the 200 sma and they are all headed DOWN.

Bill



To: Daniel Ray who wrote (22343)7/26/1998 11:47:00 AM
From: Mike M2  Read Replies (1) | Respond to of 94695
 
Dan, part of your mkt success since can be attributed to the fact that we have not experienced a prolonged bear mkt sine 1974. I expect the next bear( very soon) will be long and deep. Mike



To: Daniel Ray who wrote (22343)7/26/1998 6:54:00 PM
From: yard_man  Read Replies (1) | Respond to of 94695
 
>>was in direct response to a fundamental event ('external shock' is another term) that has
no fundamental importance. Greenspan's Humphrey-Hawkins testimony was the
event/shock.<<

Not everyone agrees. All you really know is stocks went down.

In fact there may be no triggering event.