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.
Technology Stocks : CSCO - where's the bottom?!?!? Bear Thread
CSCO 71.080.0%Nov 7 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bambs who wrote (4)11/11/2000 5:29:14 AM
From: Monty Lenard  Read Replies (1) of 253
 
bambs here is an interesting post from a list I belong to that uses ewave analysis. This person has done an excellent job of verbalizing my own sentiments.

"As I looked over the broken impulse structures in the major indexes Thursday evening, it seemed to me that some pretty significant technical damage had been done to the equity markets. The damage was only further exacerbated by Friday's action. I believe that all the election talk is
little more than a bit of fog which does not account for the seriousness and persistance of this decline. This is a strong country with a long history of orderly transfers of power and consensus government. While the current goings on may prompt feelings ranging from bemusement to disgust, the fact is that whoever wins the election will not be in a
position to pursue radical change. The markets know this so we must look elsewhere for the reasons, especially considering the seasonalities which are favorable to equities. Among the condidates are slowing economy, slowing earnings, slowing volume, increasing cost pressures,
and short term interest rates e.g. 13 week TBill rates, which have barely budged from their highs. As I work on my charts this weekend, I will be paying more attention to the scent of the bear. I do not expect to find him standing on his hind legs roaring but rather drifting sleepily as he surveys the terrain after awakening from his long
hibernation."
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News