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: StockOperator who wrote (11880)	4/23/1999 2:13:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 99985

SO, yes, fast and furious is what i think as well. '87 style. regards, hb

To: StockOperator who wrote (11880)	4/23/1999 2:18:00 PM
From: epicure	Read Replies (2) \| Respond to of 99985

ATT has broken 53 and is now down 6 5/8- they have paid an extremely high price for their new acquisition, and they guaranteed to make up the difference (up to 10%) of a decline in their stock. Their daily channel was turning from up to flat- A bit of a down now would seem likely.

To: StockOperator who wrote (11880)	4/23/1999 3:03:00 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

StockOperator: Of course when it is over it will be a huge buying opportunity. Because I do believe we will eventually go higher longer term. I think all would agree with that... I personally believe the 87 correction was just that, a correction in a very long bull market, looking back. Of course this is only my personal view. To me a true bear Market would be longer than the 87 move down. It took only two months from top to bottom. Of course it took two years to again make new highs, but the market almost immediately started plodding forward. Will we have one of those, I don't know, but I doubt it. My personal read is that it will be a different story this time, due to all the “new era” computer traders. Once a bear market fear becomes present a fast and furious decline will take place with all portals for exiting positions jammed. Many will place market orders to insure execution. Big mistake… However, with so many of a view that they can cherry pick the bottom (IE the Oct 87 bottom) the BTD'ers will come in and the market will see an equally fast and furious recovery with all portals jammed as "new era" investors try to jump back in. Many will place market orders, a big mistake… Except, it will not be a recovery. Buying will exhaust shy of new highs and selling will once again take over and once again portals for exiting positions will be jammed! A vicious cycle will start with volatile oscillations leading to lower highs and lower lows over a protracted period of time. I do not know how long it will take, but eventually a bottom will be put in when the BTD'ers are exhausted...(beat up pretty badly). Of course some will profit form these swings, as they will be quick to make the reads and nimble enough (access to their brokerage coupled with great brokerage executions) to make the trades. But, most will not! 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.