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 : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: dennis michael patterson who wrote (17888)	11/21/1998 6:10:00 PM
From: dj8000	Read Replies (1) \| Respond to of 42787

As some one already pointed out in the thread, there are some bad signs in the market: 1. there are some extremely overvalued stocks, such as interNUT stocks, and when there are such kind of stocks, Bull maket is not likely to start, since investors will see the whole market as a kind of overvalued and will delay enter market. 2. From TA, the market is overbought now as stochastics > 90 (>80 is already overbought). iqc.com 3. devergence between small cap and big cap. 4. the market near old July high, but the Advance /decline ratio is far from that in July. 5. Fundamentally, the differences between now and summer are 3 fed rate cuts and kind of in-line earning report( plus 3 month time). but will these enough for a high market? considering the slowing down next year and Y2K problem. 5. world wide getting better, but not so much better and there could always some thing happen. so I think market may went down. but again, it may up. ok, seriously, i guess market will retest some low before went up. and i would like to see these internet stock down 50% or more in order to start another BULL market. DJ