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.

Pastimes : CNBC -- critique. -- Ignore unavailable to you. Want to Upgrade?

To: capitalistbeatnik who wrote (2329)	3/5/1999 3:58:00 PM
From: Toby Zidle	Read Replies (1) \| Respond to of 17683

Just watched the Jerry Favors interview (spelling is right here, btw, in reference to some earlier postings). Ron Insana did a fairly good job of trying to pin Favors down, asking about his comments last week that the market was in trouble if a particular support was broken, which it was. I just don't get Favors. Evidently he predicts a major bull run in April, but he talks like a bear when the Dow sets a record. Up/down 2/1 ratio is 'not strong enough' breadth. He is 50% long and not about to increase yet. Several other comments ('one day wonder', etc.) seemed bearish. I think he really hasn't come off his negative position from last week. Favors just came across to me as a master of equivocation. Joe Kernan right after the interview: "It sure likes this market is going to break out to the upside, and those guys are going to be wrong again."