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.
Non-Tech : Invest / LTD
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: 007 who wrote (5306)11/11/1998 11:28:00 PM
From: Thean  Read Replies (2) of 14427
 
Be very clear - after such a strong runup of late, everyone is entitled to some profit taking. That is where we are right now. Do not confuse profit taking with we have seen a major top or something like that. An average tech stock that have run up 30% should correct half of that with relative ease. On the other hand, a driller that has move 50% should give back all of it with relative ease. But INTC, DELL, MSFT, CSCO, AOL, YHOO? That will require a period as dark as we had 2 months ago to fully repeat. A lot of bears like LT really really wish for a doom day crash as soon as possible because they really hate to see their capital get wiped out but that is just hope for now. We do not have the ingredients for a crash of even 500 point a day when AG is so close to pushing his button to help out. If we have seen the top, we shall know it when AG tries to push multiple bottons quickly and the market continues to slide. Now how real is that scenario in the forseeable future? And don't forget DELL.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News