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: James Strauss who wrote (35142)	11/14/2000 6:05:50 AM
From: IQBAL LATIF	Read Replies (1) of 50167

James .. yesterday when I pinned this reversal in SOX I thought that was good for me, as I was looking at these stocks at my core and was thinking that if they are not falling any further we may be seeing a classic selling fatigue case.. in my opinion as I said yesterday market has built in far more pessimism that it is actually requird . Now to get htis hting down we need this close of 3026 to be tkaen out today on Comp we may see that if we break the year low we may see continued presure Comp but broader market may hold this 1329 area support and 10500,,if SOX has reversed so nicely after upteenth test of the 602 support for me TA the little I know tells me to watch out. That is actually what I am doing, I got out of my protection once 1339 was taken out.. Lets see now what happens next, the only thing different this time is that every one thinks that this is different, but betwen 890 and 1000 we had similar back and forth problems the market that is about to break does not stand the political uncertainity pressures so well,,..

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next