Z Best Place to Talk Stocks 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 : Z Best Place to Talk Stocks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Larry S. who wrote (27242)	12/11/2000 5:20:59 AM
From: Larry S.	Read Replies (1) of 53068

The Weakness Must Be Bought By James J. Cramer 12/8/00 2:41 PM ET What a massively forgiving market! Yesterday National Semiconductor (NSM:NYSE) guides expectations down and today it is up almost 20%. Yesterday Intel (INTC:Nasdaq) took away all first-half hope, and today it is up a buck and a half! Earlier in the week Xilinx (XLNX:Nasdaq) and LSI Logic (LSI:NYSE) "blew up," so to speak. They are now up huge, just huge, and those prices now seem like gifts. I have a word for that. It's called "the bottom." Again, if you want to know why this market bottomed, I urge you to read my most recent version of the checklist that I set up during the bear market to tell you how to determine when you could get bullish again. Now, weakness has to be bought. Intraday weakness. Intraweek weakness, whatever. I feel strongly about this, because you only get the moves like you have seen in a Xilinx or an LSI or an Intel at the bottom. As I predicted, you will hear and see many people all over the place telling you that this is not true and that we haven't bottomed and that the Fed can't help even if they eases. And I will tell you again, you are in The Odyssey. Lash yourself to the mast, stuff cotton into your ears and do not listen to the Sirens. They are only there to confuse you and make you founder on sharp rocks where vultures will peck out your eyes and your innards.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next