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 : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: shasta23 who wrote (20206)	8/4/1998 7:24:00 PM
From: Magnatizer	Read Replies (1) \| Respond to of 79230

Stefan the estimates are not short term targets. As the market moves lower the 200 dma will move lower with it. Granted not real quickly. I suspect the downmove will hit supports on the way down and take as long as 9 months to really bottom. I see a slow downdraft for the next 6-9 months followed by a basing of a minimum of 6 months then the next bull taking us out of this world. Please keep in mind that market indexes are not something I have worked with extensively. I imagine I will likely be off by a measurable amount in my estimates. For my portfolios sake I hope your numbers are more in line with reality than mine. ht david