Drano Posted February 27, 2003 Report Share Posted February 27, 2003 Some new money will come every month from people who have been sold the "dollar-cost averaging" thing for their 401Ks. Of course, when they lose their jobs, that will stop too. My choices in my pension fund are: stock fund, bond fund, real estate fund, cash. I'm in cash. Piles, jury is still out on which way the PMs will go. Over in intra-day gold we had to pull Charmin in off the ledge three times today No, actually we had an enlightening discussion about Linda Blair puking. Link to comment Share on other sites More sharing options...
Guest Posted February 27, 2003 Report Share Posted February 27, 2003 Volume always declines in a bear market. Bear markets go down because of scarcity of bids, not "selling pressure." Increasing volume trendis bullish (eventually). Decreasing volume trend is bearish. This market reminds me of early 74. Joe is not going sell. If the guys lost more then 50% - 90% by now then he will never sell because his portfolio value is nominal and has the lottery ticket to riches. He will wait for the eventual moon shot or bust. He has nothing to loose. No new money will come in the market apart from bears and hedgehogs money. Hedgehog?s trading volumes amounts to 50% or more U will see volume will go down in future as more and more traders get wiped out because of the greed. Huge volume increase we seen was because bulls were buying the winning tickets and they are max out now. I agree. At this point if Joe sells any, it's as a last resort need for money. Link to comment Share on other sites More sharing options...
Guest Grizzly Bear Posted February 27, 2003 Report Share Posted February 27, 2003 Looking at my screen -- what a mess. After hours quotes all over the place. What time does NVLS report their lies? I mean, report. From barfing.com... <_< Novellus mid-qtr update preview (NVLS) 29.37 +0.86: --Update-- Semi equipment maker's mid-qtr update is scheduled for after the close today. In a pre-market note, CSFB said it suspects co will reaffirm EPS, revenue, and shipment guidance. Better cost controls and what firm suspects is conservative guidance regarding SFAM integration could allow NVLS to post modest upside to EPS... Fulcrum also previewed the mid-qtr update. Firm's morning note indicates that it does not anticipate disappointment from the call; firm expects NVLS to at least confirm the original guidance of $0.07 (First Call consensus $0.08, Multex $0.07). Fulcrum reiterated its Buy rating and 12-month target of $45, noting that NVLS is trading near its previous trough levels from 1996, 1998, and 2002 (on a price-to tangible book basis). Link to comment Share on other sites More sharing options...
Kid Posted February 27, 2003 Report Share Posted February 27, 2003 Volume always declines in a bear market. Bear markets go down because of scarcity of bids, not "selling pressure." Increasing volume trendis bullish (eventually). Decreasing volume trend is bearish. This market reminds me of early 74. thanks for keeping me straight Doc!! Link to comment Share on other sites More sharing options...
Drano Posted February 27, 2003 Report Share Posted February 27, 2003 Thanks for info, everybody. Off to the gym to work off my aggressions. I hope I don't get kicked out for growling. Link to comment Share on other sites More sharing options...
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