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: William H Huebl who wrote (38304)	3/12/1999 6:55:00 AM
From: donald sew	Read Replies (1) \| Respond to of 94695

Bill, How are you reading the VIX. I see a BULLISH FLAG forming, meaning that the VIX could surge to the upside, which would send the markets down hard. But how do you read a BK from that. Bill, near early April there should be a very strong pullback which some may interpret as a BK, but what I am saying is that such will not even be the big one. My position is that there will be a bear market which will last about 2-3 years and which should bring the P/E ratio back to the 15-20 range or lower within 5 years. That would account for a 33-50% haircut. Seeya

To: William H Huebl who wrote (38304)	3/12/1999 9:25:00 AM
From: donald sew	Read Replies (1) \| Respond to of 94695

Bill, Not that we are in agreement that often, but I guess WE MUST BE WRONG, since most are thinking that we are going much higher, and some think forever. Now, most of the people I talk to outside of SI are saying 11,000-12,000 immediately. They say they are cautious but have not taken any precaution, and some are buying and buying strong today, at least thats what they told me. I always heard that the market moves in manners which profit the least, as in this recent runup with less and less stocks participating. I GUESS WE ARE JUST WRONG AND WE ARE BLIND! What is interesting is that I got out of/hedged all my longs in JAN when the DOW hit 9600, and all except 1 are still below those levels I got out of. On the other hand Im not the best stock picker. And everyone I know is in the same boat Im in. I guess I only know lousey stock pickers. Is that the bigger picture or is the bigger picture the few stocks which are moving up. On WED the DOW was up about 80 points and that was only on 5 DOW stocks. Yesterday the DOW was up 124 points on only 8 stocks, hey thats a 60% improvement over the previous day. gggggggggggggg Since there are only 20 stocks in the ENTIRE MARKET, I guess we are going to be wrong. seeya