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: James Strauss who wrote (11280)	4/16/1999 10:25:00 PM
From: donald sew	Respond to of 99985

Jim, A 5%-10% correction is not a major correction. Remember last DEC's 6% correction based on the NEW HIGHs/NEW LOWs - its not a big deal. Your calling for something major but I did mention 5%-10%. Frankly I try to stay away from calling anything major since there are just too many variables to consider. If I recall correctly in 1997 before the bigger OCT pullback, that there about 3 5%-7% corrections in a period of 4 months, and I believe it is not uncommon to see that size correction 2-3 times a year. 5-10% is nothing. seeya