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.
Pastimes : All Clowns Must Be Destroyed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lucretius who wrote (35356)5/24/2000 5:03:00 PM
From: Franco Battista  Read Replies (1) of 42523
 
Good point Luc. The TRAN peaked on May 12, 1999 at 3783.50 and has not recovered since- even during the rallies or when oil was much cheaper. It is a good indicator of economic activity- especially now in the "new" economy where everything is supposed to be bought on the net and then shipped... Also the homebuilders stocks are falling, retailers are faltering... Could the market be sensing a recession up ahead? These intermediate rallies are good- keeps the clowns in the game and slowly destroys them. I'm buying put leaps and cashing them in with every new low. They were giving away the INTC jan2002 puts this AM- couldn't resist.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext