|
PureBytes Links
Trading Reference Links
|
I too have been waiting for that white knuckle day but am beginning to
wonder if it's possible to get it considering the complacency out there by
new investors. What I am saying is if it takes NAS 800 to bring this
about, we won't see it .. there will be so many stocks that are screaming
buys/giveaways way before then that people will jump all over
them. (Including the big boys). There are a number in that category now
but of course, still a number of over priced issues as well. As we have
all been saying, time will tell. Thanks for your great contributions Ira.
Bob
At 08:17 AM 3/17/2001 -0800, you wrote:
>The question is, "Will we get a truly white knuckle day or days to the upside
>first?". A bear market rally that will rip the bears and shorts, give the
>bulls their last hope of redemption, and then just fall and keep falling
>until you get that white knuckle day on the down side. This scenario has
>happened before. I believe that it has a good chance of happening again.
>Just watch for the signs, and be nimble. Ira.
>
>candlestyk@xxxxxxx wrote:
>
> > > VIX rose over 36 on Tuesday and the market has barely budged ...
> > wonder
> > > what it's going to take this time ... 45, 60, 75? Something is very
> > > different this time and sentiment indicators which have worked for
> > years in
> > > bull markets are not working in bear markets.
> >
> > In the 1998 correction VIX had 20+ readings >40, 7 readings >50,
> > high of 60.63. Just last April, a >40 reading. In the 1987 crash I
> > have read that there were readings >100.
> >
> > It seems we still need a true white knuckle day.
> >
> > Ray F
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>
>
>
>To unsubscribe from this group, send an email to:
>realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
>Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
------------------------ Yahoo! Groups Sponsor ---------------------~-~>
Make good on the promise you made at graduation to keep
in touch. Classmates.com has over 14 million registered
high school alumni--chances are you'll find your friends!
http://us.click.yahoo.com/l3joGB/DMUCAA/4ihDAA/zf_UlB/TM
---------------------------------------------------------------------_->
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|