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.
Technology Stocks : Citrix Systems (CTXS)
CTXS 103.900.0%Nov 2 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Innuit who wrote (7829)4/14/2000 5:28:00 PM
From: David Lawrence  Read Replies (1) of 9068
 
>>This round of pessimism started with the MSFT decision.

That was the kerosene. It started with GS's Abby Cohen advising to take some chips off the table. I think the market players took their chips, glasses, table, chairs, floor, and room with 'em.

A meaningful correction needs at least a 20% drop (we're double that), babies being thrown out with the bathwater (too many bargains to choose from), and an abundance of pessimism. I'd say we've just about arrived. If we hold Nasdaq 2900ish, we're back to the races with a lot of volatility. If not, it's going to be a long, long year..
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext