Ask DrBob Message Board - Msg: 14432464

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 : Ask DrBob

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: mike60613 who wrote (5932)	9/22/2000 1:19:47 AM
From: idealist1	Read Replies (2) of 100058

mike, I'm holding off buying on the first dip. It's likely the analysts will hype the stocks most vulnerable so that their brokerages can sell off positions. Isn't that what happens? Then a second wave of selling will bring on a second lower dip. At this point we don't know the magnitude of the problem and how much it will penetrate other sectors. There is always an over-reaction in situations like this, but I think there is more than meets the eye. I will be watching for a capitulation brought about by panic selling. This scenario could be wrong, but I haven't forgotten the pain experienced in April and May when I continued to buy on dips. I believe there is still a strong sentiment out there that says technology is way overvalued. This correction is necessary to bring those people back into the market. idealist

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next