Sharck Soup Message Board

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 : Sharck Soup

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Frederick Langford who wrote (33882)	8/31/2001 1:43:44 PM
From: stevenallen	Read Replies (2) of 37746

You might be right about a move up before Labor Day - I can't recall but I'm sure it wasn't huge, especially if you compare it to what happened after - QQQs go from 100 at beginning of Sept. to mid 30s in April, with hardly any counter-trend rallies inbetween. 65% loss = lots of pain for people who bought the pump job. I'm not saying we'll sell off to the same to degree, but I think the market is overvalued at present levels and has further to fall - Might be sooner or might be later, but sticking your neck out long for anything more than a quick bounce right now seems quite risky. Besides, shorting is so much fun these days <LOL>

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next