Technical analysis for shorts & longs 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 : Technical analysis for shorts & longs

SPY 679.68

+0.7%

Nov 26 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: shasta23 who wrote (25613)	3/16/2000 6:19:00 PM
From: Clint E.	Read Replies (1) of 68378

HI STEFAN! Nice to talk to you again. Hope you were short some techs going into this correction. I wasn't. I was just out, waiting to get back in. >>>Like to elaborate why the 2 month holding period? I just think that this year instead of seeing a major correction(+20%) in the nasdaq, we will see series of mini-corrections(~10%), once every couple of months. We had one from mid Jan to early Feb(4164 to 3784=~10%). We just had the second one(5132 to 4455=~13%). I expect to see another one by mid-May. As soon people realize that there is no pre-announcement by tech stocks this quarter, they will push the nasdaq back above 5k. You bought some good stocks. They should treat you well. Take care; Clint

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next