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: bobby beara who wrote (2098)10/10/1998 6:11:00 PM
From: The Perfect Hedge  Read Replies (1) | Respond to of 3339
 
bobby-
No!Not now!I'm fully loaded with puts and you say we put in a bottom!!<g>....

What about the new high new lows..only 10 on Fri....Look at GE..down 1 1/2 on Fri..the dow theorists would say that's ugly...

Are you really turning bullish?

B*



To: bobby beara who wrote (2098)10/10/1998 6:32:00 PM
From: Follies  Read Replies (1) | Respond to of 3339
 
bobby bobby, say it aint so

we may have a little more bounce left but funnnymentals are deteriorating faster than you can say hedge fund.

Liquidity is drying up.

Funds inflows are outflows.

Who's gonna buy? Quiz me that one bobby riddler.

Bear for now,
dale



To: bobby beara who wrote (2098)10/10/1998 8:30:00 PM
From: HairBall  Read Replies (1) | Respond to of 3339
 
bobby: Guess what...

Message 5983489

Would appreciate your comments as well!

Regards,
LG



To: bobby beara who wrote (2098)10/11/1998 4:41:00 PM
From: Investor-ex!  Read Replies (1) | Respond to of 3339
 
Bobby B,

I love it when you turn bullish!

I can see you point on a daily basis, but on a weekly basis, last week was plain awful -- too soon to call a turn, IMO. Pick your metric: highs/lows, advancers/decliners, or nearly any major index. Only the DOW was up -- and that was likely a collusive ramp job. Note that the S&P ended lower for the week than the DOW rose. Only in viewing the 30-stock "headline" average does it appear all is well.

I'm really surprised with your numerical reasoning -- and you a Fibonacciist! 9 (months) is not a Fibonacci number and neither is 270 (9 mos x 30 days/mo). Ignore these random chart coincidences. Fibonacci says we bottom around 12/20/98, which would put us very near the end of tax selling season for Tulip-Wilt, Part 1, and just in time for the start of January Effect '99.

However, I would mostly agree with your targets in 1999. I put the first "real rally" top near 5/13/99 and the "lower low" after that on or about 8/10/99. The rest of '99 will be a mess.