Idea Of The Day 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.

Politics : Idea Of The Day

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jerry Olson who wrote (34719)	10/15/2000 2:55:15 PM
From: James Strauss	Read Replies (1) of 50167

OJ: Hope you're enjoying those Tasty Cakes... : > I've been watching NDX 3240 and 3460... bigcharts.com 3240 was surpassed on Friday... We may see some nervous profit taking early next week... But, if 3240 holds, and 3460 is successfully tested, there is not too much resistance to the 3850 and 4100 areas... There was a convergence of trendlines in the 3000 area that suggested it would be the bottom... There was a momentary dip below it as sideline money started pouring back in... The NDX was up over 9% on Friday on big volume... The Put/Call ratio was very lopsided... The amount of disbelief that this is a bottom brings to mind other periods like 1982 when the market marched right over all that disbelief... Things happen a lot faster these days... So, it wouldn't surprise me if we turn around right here... Jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next