Gorilla and King Portfolio Candidates 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 : Gorilla and King Portfolio Candidates

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MulhollandDrive who wrote (22651)	4/13/2000 4:19:00 PM
From: Tom Trader	Read Replies (1) of 54805

When you say that it "took a while" for the decimated stocks of 83 to come back, did that constitute a bear market? Or was it a correction? Betty, I tend to stay away from labels -- since one person's bear market tends to be another person's correction:) My recollection is that the decline in 1983 lasted until the end of that year -- and it was at least a year thereafter, before we saw prices return to the the former levels. But don't hold me to this -- it is off memory. What I do know is that Fidelity Select Technology after making a high of $38+ in 1983 finally bottomed at $15+ -- not sure why that piece of information left such an indelible impression on my mind. Anyway, it looks like the NAZ rally that we had fizzled rather quickly --- does not appear very encouraging; perhaps we will see the 300-400 point decline that I wanted sooner rather than later!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next