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 : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (1221)8/27/1998 9:59:00 AM
From: Tommaso  Read Replies (2) | Respond to of 3339
 
I am still not calling a confirmed bear market. Most of the Marketgauge indicators that show anything are now bearish, but a few are still bullish and way too many are neutral. (To say this does not mean that I have any intention of speculating on the long side; those valuations are still above 1929, even after nearly 1000 points off the top.)

But unexpected bounces could still wipe out people with vulnerable uncovered short positions. There could even be another run up over 9000.

Also new money into mutual funds remains too firm--unless there's a big drop shown tonight (which I do not expect).



To: Moominoid who wrote (1221)8/27/1998 10:02:00 AM
From: bobby beara  Read Replies (1) | Respond to of 3339
 
We may go back and test the rising trendline on the ndx, dumb bulls aren't giving up on these 'buying opps' -ggg-

Wolanchuk said we would never see 8300 again in our lifetimes, i think his timer digest run may have run out.

bb


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News