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 (38144)	3/10/1999 12:15:00 AM
From: Lucretius	Respond to of 94695

at inflection points, many should be hoping for a blastoff (whether of long duration or short) We could be seeing that w/ so many bears around here turning short-term bullish for a crash-up (bulls of course are always looking for a melt-up) just like they were last July when the spike up failed unexpectedly. this one should fail much faster and trap many more suckers on the initial move down. then again, maybe we'll be at DOW 10,000 by Friday. -g-

To: Vitas who wrote (38144)	3/10/1999 7:03:00 AM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 94695

Vitas, I agree with you completely on your assessment and how technicals can very easily be misread..... the immediate momentum is up and I'm long from 1227 so I can give some back if I have to..... I'm as amazed an anyone how these markets can continue higher with the pathetic advance declines, but apparently the markets are not really moving higher, what we're watching is an index rally exclusively. When the music stops, I'll be short in a blink..... Heck, I won't miss the ride.....<g> My Best. GZ