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 : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (5399)	2/4/1999 1:22:00 AM
From: Daflye	Respond to of 99985

Donald, last week Art Kashien (sp?) a once a week regular (my personal fav from the NYSE floor) during Ron Insanas "Market Watch" on CNBC stated DOW range of about 9150 to 9450. Hmmmm... I think he sneaks off to read your posts. heh heh heh. He also said the level of complacency has him worried. When buyers swept in on the morning of the Brazilian deval to buy the dip, "We've seen this movie before and nobody dies at the end" or something to that effect. He is one of the few on CNBC that I pay attention too, why, because he's good, real good. Whats the point here??? I dunno, but if Chewbacca lives on Endor, you must acquit. Lookit the monkey. Darin

To: donald sew who wrote (5399)	2/4/1999 9:11:00 AM
From: HairBall	Read Replies (3) \| Respond to of 99985

Donald: I mention this since I am noticing more emotional reads in both directions, and just want to address that emotional trading is commonly not too productive. I would like to echo that sentiment. However, I have not found to many folks contributing to this thread that have been calling for extremes. And no matter what position I take, I usually find that someone on this thread contributes a good counter analysis. As I said in an earlier post, sometimes this thread has a leaning toward one direction or the other, but it is never close to 100%. I think that often there is more discussion of the Market going down, because many feel the valuations of a lot of stocks are extreme and in many cases fundamentals have been thrown out the window...just look at the "internuts". By the way I saw Bartin Biggs (Chairman of Morgan Stanley) on CNN's Moneyline last night. He spoke of the Japanese interest rate increases causing money to flow back to Japan. He stated that this is like turning off the liquidity pump. He has major problems with the "internut" stocks, but I can not remember exactly what he said. However, he is expecting a decline this year between 20 to 30%. With the Market ending the year down 5 to 10%. Regards, LG