SI
SI
discoversearch

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 (11564)4/20/1999 11:44:00 AM
From: HairBall  Read Replies (4) | Respond to of 99985
 
James Strauss: As firming in the NDX, COMPX, DOT and even the DJI (etc) occur, the Indices will experience swings as the BTD'ers throw in capital at their favorite issues. Seeing the possibility to make quick profits the opportunistic traders will jump in to trade the swing. As the Indices rise the opportunistic traders will begin to bail causing selling pressure and forcing a sell off repeat. (This may repeat a few times.)

I expect this cycling to exhaust and eventually lead to further decline in the Market.

Regards,
LG

Disclaimer: My posts are my opinions only and I reserve the right to be wrong on occasion. Do not base any investment decision solely on anyone's views or analysis. Do your own research and take responsibility for your own investment decisions.



To: James Strauss who wrote (11564)4/20/1999 12:02:00 PM
From: Robert Rose  Read Replies (2) | Respond to of 99985
 
Jim, your points are well-taken. However, I believe this rotation is due to institutions, not retail investors, as you suggest. For example, i read the 500 posts in the last 24 hours on the aol thread and i don't see a lot of selling going on, even though the stock tanked 50 points in the last few days (real time, rebounding as is the entire inet sector). Many individual investors like myself love these inet stocks, understand these inet stocks, and can't afford to sell these inet stocks. After all, in my case, i am in ebay at 15 (split-adjusted), so i don't care how much it tanks if holding it allows me to avoid taxes.

By the way, thanks for your contribution to this thread. One reason I read it is to temper my own bullishness. However, as the bulls have generally been right so far, it is always nice to see confirmation of one's own view <g>. Rob



To: James Strauss who wrote (11564)4/20/1999 3:36:00 PM
From: Death Sphincter  Respond to of 99985
 
the A/D line has certainly been the focus of much discussion and speculation as to The Meaning Of Life.
for now I am not impressed. As big caps and all the familar names were rising the A/D was not, now that there is concern as to their valuation they have experienced some dumpage. You take a couple hundred million out of DELL,MSFT, CPQ LU NUTZ etc. and still want to play the game....so you throw some of that at the mid/smaller caps that have been beat so horribly....but the money you took out of LU has to be spread around over 3,4,5-10 smaller caps stocks.
the result? indices fall from removal of money from big caps...RUT and others show a rise as some of the cash is spread around while the rest of the money waits for the biggies to hit levels of support.
then the process reverses and you see the major indices rise as the A/D contracts. quite a game.
when they all are rising and the A/D is advancing i will believe it to be more significant....till then this market NEEDS a very stiff correction in order to build a base and prepare for its next launch

for whatever that stinking spewage is worth
Mellow Smello