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: James F. Hopkins who wrote (36622)1/21/1999 9:36:00 PM
From: Kip518  Read Replies (1) | Respond to of 94695
 
Jim, I agree. Brokers & money managers must cream the NUTZ. The public has to be taught that big money cannot be made easily by the average schmoe in the market or these folks are out of work. MMs are playing along in their usual bleed-the-sucker game. The question is, is this a pandora's box? Can the pros control the bleeding or will it spin out of control? In their attempt to "bring rationality" back to the market will they bring on the BK?

I'm beginning to think the historical parallels here fit better with the 1870's than with the 1920's. NUTZ are just the (new) railroads. Speculation stops in the collapse.



To: James F. Hopkins who wrote (36622)1/21/1999 9:39:00 PM
From: bobby beara  Read Replies (1) | Respond to of 94695
 
Thanks for the update Jim,

Check out Merck's chart, also DRG, h&s pattern ready to break.

Merck popped today and failed the trendline from the 10/8 and 12/14 lows and ended with a big drop and closed near the low. Just like I said, beara coil -g-

Dopers are on the ropers -g-

The super bullish sentiment will be changing over the next couple of weeks.

The gap across the h&s top on the Dow was a bull trap, just like the gap across the H&S bottom 10/8 on the spx was a bear trap.

bb

bb