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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Philipp who wrote (25204)	8/26/1998 7:21:00 AM
From: Vitas	Read Replies (2) \| Respond to of 94695

One thing to keep an eye on is the NYSE over 200 day moving average percentage: decisionpoint.com The approx. 28-30% seems to be a breakpoint. TC2000 has the current percentage at 28%, but their figures may not correlate exactly to those on the chart. See Monty's figures. Vitas

To: Philipp who wrote (25204)	8/26/1998 8:58:00 AM
From: Paxb2u	Respond to of 94695

Phillip, What are you using to measure your sentiment indicators, please. Thanks, Peter :o)

To: Philipp who wrote (25204)	8/26/1998 6:27:00 PM
From: bobby beara	Read Replies (3) \| Respond to of 94695

Philip, not all wavers are bearish tiger.golden.net This guy is looking for 1360 and then there is Wolanchuk top timer in timers digest looking for Dow 16,000 this year and the epicenter of primary wave 3 (as he was last year -g- but then again he has been the top timer for a year or two now) >>>Crashes occur when most people don't expect them<<< Only about 5 weeks ago the II bull/bear ratio was 55/22, so only about a month ago we had a peak reading. So you might say only about a month ago nobody expected a crash or a bear market (this is how bubbles burst IMHO) I agree the negative sentiment looks very bullish, but we have been unable to mount a decent rally on this negative sentiment that has been around since the 8/4 300 point drop. During the bull market we would not have lasted more than a few days with this kind negative sentiment before mounting a multi-week rally, as of now we have been below the neckline on NYSE lazy double top since that high volume break on 8/4 and that may override the short term sentiment. You might say that since we are so oversold, most of the bulls (and plenty of bears) might think we need another rally before the bear market continues or the crash begins - WHAT IF surprise, we didn't get that rally. the game may have changed? bwdik, imho bb