Angels of Alchemy 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 : Angels of Alchemy

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SirRealist who wrote ()	5/22/2000 12:08:00 PM
From: flyboy	Read Replies (2) of 24256

Nasdaq broke support, and the volume is too low. So far inflows in tech mutual funds been increasing...If these fund managers don't start putting that money to work in these beaten down tech stocks then they will find themselves out of work very soon. Workers will stop contributing money into 401K funds if they are going to lose money on paper. These same workers will be scared it the appears to be no bottom for the swift market fall. The psychology of the market says that the great depression will be nothing if these funds do not step to the plate soon and avert a market collapse. The volume has not been terrific in this drastic drop because the soon to be unemployed fund managers are siting on their inflows....This could be a very interesting market. the next support level for the Nasdaq is 2700.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next