Rande Is . . . HOME 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 : Rande Is . . . HOME

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Joe Smith who wrote (38376)	10/13/2000 6:59:07 PM
From: Joe Smith	Read Replies (1) of 57584

Now, on a more positive note. I am wondering if this is the mirror image of March. In other words, will this bottom end up taking the form of a W. The initial March sell-off from the top was short and sharp, followed by a rally that breached 5000 again before the final correction. Will we see something similar here. Is the long psychology of March going to be reflected by the short psychology in October. I am thinking it is possible that we will get up around 3500 or so on more good earnings ,a Fibonacci retracement, and then we will have our typical late-earnings season yawn and will retest at least 3150. Any thoughts? I will be taking my own tax advice and cutting loose some losses around 3500 or so, hoping to put that cash back into a new fresh crop of bargains. W-shaped double-bottoms seem much more common to me than v-shaped recoveries.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next