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: Lucretius who wrote (5805)	12/4/1998 12:05:00 PM
From: The Ox	Read Replies (1) \| Respond to of 14427

Using this chart and drawing an imaginary line from the lows in 1995 through the low from early this year, I believe a case can be made that we haven't truly broken down yet. We are close but not there yet. I see the latest drop more as a correction then a break. A break below 91 would indicate to me a change in direction. decisionpoint.com

To: Lucretius who wrote (5805)	12/4/1998 12:31:00 PM
From: heraclitus	Read Replies (2) \| Respond to of 14427

LT, a question/observation: I keep reading that this bull market will continue for quite some time yet because of the baby boomer having to put their retirement money somewhere. Even read a newsletter by Stephen Leeb to this affect. In my area most of the new housing construction is single family units starting at about $189,000. I do not live in a rapidly expanding part of the country. Actually quite the opposite. So assuming most of the boomers are getting large mortgages, wouldn't this tend to limit their available income available for 401k contributions? Is alot of the money being pumped into the market actually credit from second mortgages and even credit cards? Haven't US savings rates actually gone negative? Just curious to your view on this baby boomer argument. thanx homer

To: Lucretius who wrote (5805)	12/4/1998 1:42:00 PM
From: SJS	Respond to of 14427

LT, I am watching ABX, and there was (probaby now unfilled...) a large size buyer of over 100K shares at 18 3/4. There is quite a tug of war still going on around this 9000 mark today. Final question (if anyone knows...). It's about BUY PROGRAMS. If you watch the 1 minute (or less...) tick chart, you will see a large spike of 10-20 or more points up in the DOW sometimes. Sometimes it goes down like this, too. It's usually attributable to a BUY PROGRAM. Just for better understanding these, what kind of $$ are we talking about that make these spikes happen? $20 million, $50 million, $100 million? I know they are done with computers releasing many orders at once. I was just wondering the kind of dough it takes to make the DOW spike 20 points in a couple of minutes, or less....

To: Lucretius who wrote (5805)	12/4/1998 2:08:00 PM
From: Copeland	Read Replies (2) \| Respond to of 14427

If we close on the lows of the day and there's bad news over the weekend, it ain't going to be pretty on Monday. However, friends of mine in the bond market don't expect a yield below 5% for the remainder of the month, so we might be trading in this area for a while. Again, assuming no bad news. Still massive problems in Asia = semi rally? Doesn't make sense.