SI
SI
discoversearch

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.
Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: rsie who wrote (13840)5/19/2000 5:05:00 PM
From: sea_biscuit   of 15132
 
A short-term rally in the Naz is quite possible. But I think much of the relatively low volume is because the little guys are in denial and are hoping against hope that they will be made whole in the next few weeks, not because they are confident. And that is not exactly an encouraging sign. Also note that we had a decline on higher volume than yesterday -- a clear sign of distribution.

Also the market doesn't seem to have priced in the June interest rate hike yet. That one could be another 50 basis point whopper. So a month from now, we could be watching "Diarrhea II" being enacted on the screen.

I think investors should consider themselves very lucky if the lows of last year (1200 on the S&P 500 and 2200 on the Nasdaq) are not taken out sometime this year...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News