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.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.930.0%Nov 14 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Michael Watkins who wrote (46681)4/16/2000 3:08:00 PM
From: Patrice Gigahurtz  Read Replies (1) of 99985
 
Just my 2 cents but I'm speculating that this crash is focused in one area of the market and that's the high margin crowds in high tech NASDAQ stocks. Those are the real losers of late and will continue to be. However, the DOW is down just maybe 12% and that contrast with the big %30-ish drop for the NASDAQ and I don't think that contrast is going to change, thus the NASDAQ will and could tank further but the DOW crowd could be relatively left intact ??? Anyway, I see the whole mess resolved by late Wed after the margin calls are solved, the redemptions are solved, and the tech hedge funds are solved.

Thanks,

PG
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext