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 : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Hardline who wrote (13183)1/27/1999 9:32:00 PM
From: Gwolf  Read Replies (1) | Respond to of 34809
 
Hardline, isn't P&F suppose to tell us what's going on with the basic supply and demand even if we can't see all of the fundamentals right now. The market is usually ahead of the economic picture by 6 mos to a year. When I look at these charts they tell me the Global picture is getting weaker for our multinationals. When I look at the dollar going back to 1985 I see a very big rounding bottom. Everyone expected the Euro to take off in a big way and kick the stuffing out of the dollar but it hasn't. On the S.T. chart the dollar has broken a triple top and looks like it is headed for the BRL. So bottom line I'm wondering if these stocks are giving us a preview of things to come.

Gwolf



To: Hardline who wrote (13183)1/27/1999 9:44:00 PM
From: Gwolf  Read Replies (1) | Respond to of 34809
 
At the risk of sounding bearish the last time that the CRB index kept finding new lows and the market kept making new highs with the technology stocks of the day advancing wildly and the U.S. creating trade wars through tariffs was.... let me see 1929. I'm not making any predictions but I think being a Perma Bull ( not saying that anyone on the thread is ) could be hazardous to ones health someday.

Gwolf