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.

Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (4835)	10/30/1998 12:20:00 PM
From: Lucretius	Respond to of 14427

if I knew that, I'd be sitting on a beach w/ a vodka and tonic. (G) it won't be a bomb initially just trade down from the highs. Do nothing Mon and Tues (have to get the kiddies elected) then we resume the downtrend... if we're going down that it is?, Otherwise, someone has found some money to borrow (I can't imagine where from, the Fed doesn't loan directly to stock speculators, the banks have to do it, and they aren't doing it; in '95 we were saved because the Jap[anese banks were dumb enough to give hedge funds money, now the Jap banks are broke) and we are going vertical to bubble heights you've never imagined before we crash next year. The dollar has to confirm this move... so far there is a divergeance... the DOW has hit its previous high from last week on weak breadth and weak vol and new highs have not bested the Number of new highs during the previous top last week (showing a weaker move). Meanwhile the dollar hasn't even approached its high of the bounce and is actually moving sideways this morning. The dollar must go higher for the mkt to move higher. the long Bond must also continue lower (which it isn't). In fact, the long bond looks to be in the early stages of setting up for a crash. -Lucretius