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 : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: The Perfect Hedge who wrote (6702)9/2/1998 7:14:00 PM
From: wizzards wine  Read Replies (1) | Respond to of 34809
 
EVENING UPDATE*!*!*!*!*!*

Hi Lo index is at 6.7% still more losers that gainers, but we are closer to a bottom now than ever before...

All sectors Bear confirmed and only Down more Except Utilities....

New Signals

12 DTB
0 TTB
0 DBS
0 TBS

NYSE had 10,459 more cumulative decliners than advancers...and
OTC had 15,025 of the same....

Thus we wait for the indicators to begin to start turning up, WHEN the DO we begin our ACTIONS, NOT until...it's very volitile out there...nothing has changed fundimentally in the past few days!!!!

But prices are all over the place...

Let the stocks come to you, when and if the conditions are right...

All of the indicators are negative, the Time is not right YET...

STAY Defensive!!!! Watch your money like a hawk watching the field mouse!!!!!

Later

Preston

ps, Russia and Japan are still BIG problems just festering...Nothing has changed or been resolved by Clinton's visit...These and other things are our worst upcoming problems and resolving pressures on all markets...



To: The Perfect Hedge who wrote (6702)9/2/1998 7:56:00 PM
From: wizzards wine  Read Replies (1) | Respond to of 34809
 
Hi Beebs, I take you've seen the prior post,,,Nothing has change FA wise nor has anything been resolved on the worlds economics problems...

Thus the rational conclusion would be, we will test the next low support...in some time period.

Later

Preston