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

To: Moominoid who wrote (35250)	12/14/1998 2:42:00 AM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

David; Your right about the R2000, and the Bear is not dead even the Value Line peaked in April, and the Mid Cap 400,...so even if the Bull didn't die in April, looking back you can see he was wounded real bad. In a way had these not sold off the July drop would have hit much worse. Still the Wilshire 5000 takes in more stocks than any other index and gives a better composite of the real market here, and it peaked in July, but has not reached any new highs since. quote.yahoo.com^WIL5&d=2ys But besides all that, this most recent rally gave the bulls a chance to get out of the bigger caps, however it was at the expense of the dollar, and I'm not sure many people over here understands what that means. Now you live in Australian right ? Had you bought the S&P500 on Sept 1st with $As just how much would you have gained. ----------------- I'll bet without looking it's no where near what most Americans think it would be, a rally with a falling dollar is not a real rally, at least it's not near as real as CNBC and the market gurus would have people think. Lay a dollar index over it and we can chop an easy 150 points off the S&P right now, lay the dollar index over it and we didn't just fail to break resistance , hell we never even got there. and The Bear is not dead & we got more crap coming GreenSpam may cut rates again but all that will do is put off the pain, and set us up for an even bigger hot air bubble. If the SEC can't require more restricted trading on the currency markets, and higher margin requirements on the Big boys they will run a carry trade just like Japan did until we suffer the same fate Japan did, all the lower rates never really helped them, and they won't us as long as the criminals have a free hand to run the market and "police them selves" what a joke. Jim