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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (34214)11/23/1998 6:09:00 PM
From: Haim R. Branisteanu  Respond to of 94695
 
GR, I would accept your speculation for the simple reason that stocks and the stock market are disconected from FA and they all trade on TA and liquidity.

The higher the market will run the results will be worse.

If your analogy is correct then Oil was over $30 several years back, howered around $24 for a while and now it is $11.

If comparable the SPX should go down to 600 SPX

BWDIK
Haim



To: GROUND ZERO™ who wrote (34214)11/23/1998 6:45:00 PM
From: bearshark  Read Replies (1) | Respond to of 94695
 
GZ: I agree with you completely. I think we may see some really absurd numbers. The big money has been pouring it on for the last several days and the breadth has been coming back too.



To: GROUND ZERO™ who wrote (34214)11/23/1998 7:28:00 PM
From: Hawkmoon  Read Replies (2) | Respond to of 94695
 
we could yet rally another thousand points or more and blow through 10,000 before any pull back, within weeks

Ground Zero,

Unfortunately, you may just be correct. There is a ton of money out there and my bond positions in the 'ol IRA are losing value as suckers put it into the Index funds.

IMO, this is truly frightening.

Instead of an orderly reallocation of assets to less risky value-added assets, we now have mutual funds receiving fresh inflows which that MUST invest everyday.

It's almost as if the big boys know this is the last hurrah, so let's use the investor's money to pack ourselves the biggest bonus possible before the defecation hits the rotary oscillator in 1999.

When she falls, there will be only one place to go and that is T-bills and there won't be enough room for everyone.

Regards,

Ron



To: GROUND ZERO™ who wrote (34214)11/24/1998 6:48:00 PM
From: yard_man  Read Replies (1) | Respond to of 94695
 
I exepect DOW 10,000 before the end of Dec. That doesn't seem like a big, bold prediction to me -- now as far as 200 pt days becoming commonplace, I guess that depends on the time frame. If you're talking six months to a year YOU NEED TO QUIT SNIFFING THAT GLUE!!

This market will be cooked by the beginning of Feb at the latest, but probably by the end of the year.