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 : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?

To: Vic who wrote (2369)	11/29/1998 11:48:00 AM
From: Box-By-The-Riviera™	Read Replies (1) \| Respond to of 3339

took a look at the charts......caution yes.....but dbl tops not really...since the latest readings exceed the prior recent tops.....it is not a dbl top.......though a head and shoulders may be in the making...... I predict Jan/Feb will be the moment of "truth" if there's any to be found in this market..... Barring "revolutionary" news....... there's plenty of reason to believe the market will continue into new records for the remainder of the year.... Just one more opinion from a bear with burned paws. From a dow theory point of view.......if the transports can break to a new high.....this "bear" market will not have been one..... it's this aspect I'm watching more than anything..... with oil prices falling to a level lower than hell.... I would suspect the transports might pull off a dow confirmation......in which case..... the bear will be over for now.... if indeed it ever got started..... Don't ya just hate the thought of Louis Rukeyser and AJ Cohen having champagne together in victory while Ralph Makempoorer scarf's up the munchies when he thinks no one's looking.... Merry Christmas everybody.......less than 30 days left. Will be in Japan on Monday......maybe I can find something out worth repeating. Will let ya all know. Joel