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: Vitas who wrote (36255)	1/10/1999 4:12:00 PM
From: Vitas	Respond to of 94695

edit: Wednesday we came within approx 300 net a-d's from the down trendline of 4/3/98 through 7/16/98.

To: Vitas who wrote (36255)	1/10/1999 4:39:00 PM
From: robert b furman	Read Replies (1) \| Respond to of 94695

Vitas It is interesting to click on "about adv/decl " go to the bottom where there are three examples.Click on "a/d bottom". Do you see any similarities with their example and the chart you hotlinked? I am looking for an interpretation, as I seem to be 180 off of your take I think? Thanks for your help Bob

To: Vitas who wrote (36255)	1/10/1999 4:43:00 PM
From: bobby beara	Respond to of 94695

Yes and it has an ABC countertrend rally (wave 4) to go with the first 3 waves. This is a blow-off top, look at the breakaway gaps in the Nasdaq chart, these will have to be filled. Newton's law is in order here. Net stock speculators late to the punch bowl will be bitching and moaning next weekend about their brokers unable to fill there sell orders and wondering why they were going ga ga right into a Senate impeachment trial, with a competing currency block waiting in the wings. bb An Apple a Day keeps the StockDoctor Away. (it's a Macintosh of course -g-) edit: of the top ten timers of timer's digest, during the December correction 3 of them became bearish, while the top ten had been all bullish during November. This week the 3 bear capitulated at Grandmother's house and went for the beef. The II survey is one week delayed. I believe we will probably see similar capitulation in this survey and get the bulls over 60% and the bears in the mid 20's. Enuf to set a top.