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 : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (55857)	10/20/1998 10:55:00 AM
From: ViperChick Secret Agent 006.9	Read Replies (2) \| Respond to of 58727

Look at the Transports...if they get into "breakout" mode.. then you know what tends to follow the transports

To: donald sew who wrote (55857)	10/20/1998 11:03:00 AM
From: Compadre	Read Replies (1) \| Respond to of 58727

Donald: Thanks for the input. It appears to me that the market is still waiting for a rate cut in the net Fed. meeting. I think that's what is giving it buoyancy. Regards, Jaime

To: donald sew who wrote (55857)	10/20/1998 11:23:00 AM
From: James Strauss	Read Replies (2) \| Respond to of 58727

Don: The three days of New Lows below 100 and last two days below 40 bode very well for a continuation of the Bull... Dow 8600 was my line of Demarcation... We seem to be crossing it convincingly... The FED is determined to keep the markets liquid... When I see this type of FED blessed environment I go with the flow... If we don't give back the gains in the afternoon, the Bull is back... I agree with your concerns about the S&P P/E above 25... But too many people are calling for negative earnings growth in 1999... My contrarian nature says the majority is wrong... We may start to see some surprises from emerging market economic improvement that wasn't factored in to the earnings projections... The FED and its counterparts have too much at stake to allow for a worldwide Recession/Depression next near... Jim

To: donald sew who wrote (55857)	10/20/1998 12:03:00 PM
From: Elroy Jetson	Read Replies (1) \| Respond to of 58727

The 5 day TRIN now is 3.83 with anything below 4 being over-bought. I suppose When the Dow pauses for consolidation around 9,800 the 5 day TRIN will be around 0.32 or lower. This market is certainly off my chart.

To: donald sew who wrote (55857)	10/20/1998 12:47:00 PM
From: Barbara Barry	Read Replies (2) \| Respond to of 58727

Don, This may seem silly/oversimplistic,but imho the reason the NH's are not kicking in is because so many stocks are waaaay off their previous highs.So perhaps the NL's are more the key.The market has recovered a lot but when you look at individual charts....they have a long way to go to get back to their highs. hmmmm?Just noticed that brk.a is down..it used to pretty much follow the dow? I am getting to that OTHWI (oh the H with it) and buy puts point.<VBG> Regards, Barbara