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: cyanideinvestor who wrote (12144)	3/18/2001 8:28:01 PM
From: David Lee Smith	Read Replies (2) of 37746

Bad advice. Historically, the market rises immediately after the FED cuts rates...and does so for three months afterwards. Also, although I agree that we could be in for a further slide in tech, it will likely have a 10-20% bounce near-term. All bear markets are marked by sharp bounces along the way and we're due for one. The bad news is out for this quarter. The market will rally until the next round of earnings warnings ... in June 2001. If the tech companies continue to show weakness then, we will see the NAZ make lower lows... otherwise, it will be back up sharply. We are past the panic stag. We're in the test the bottom phase of the NAZ bear. Up and down until the bottom can be seen.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next