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: bobby beara who wrote (22798)7/30/1998 11:23:00 PM
From: robert b furman  Read Replies (1) | Respond to of 94695
 
Bobby I have learned to value your knowledge.A market sucking can be the definition of a market at the bottom of a correction or it can be the beginning of a protracted long downturn.

One scenario is the perfect buy in a long position

The other is a beginning position one heck of a lot lower than most.

You refer to other indicators that confirm.

Which indicators confirm the difference between a correction and a long down.

That is a heck of a question and what I would like to consider is just your humble opinion because at times like these I do often think humble also.

Thanks for your thought on this

BWDIK

Bob



To: bobby beara who wrote (22798)7/30/1998 11:29:00 PM
From: Bull RidaH  Read Replies (3) | Respond to of 94695
 
Bobby,

It's mid January/mid June all over again, and the bears are claiming victory, and watching in disbelief as the market takes their money. Earnings were overall, very good, and the bond market showed alot of improvement today with a reversal after the ECI news. Bearish sentiment has finally swung high, so that few will believe the rally that has begun, and that will continue over the coming week.

OK, so let's make a wager here for braggin rights... I say the SPX sees 1180 before it sees 1110...(1142 currently) Game?

Regards,

David