Lance B's : Its A Beautiful Thing 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.

Technology Stocks : Lance B's : Its A Beautiful Thing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: LANCE B who wrote (4747)	2/7/2001 8:53:41 AM
From: Tom Allinder	Read Replies (1) of 4792

Market Commentary: My opinions are as follows... What happened to the penny market? After a nice three week run or so, it seems to have really dropped off in volume and interest. It is my firm and unwavering belief that the OTCBB performance is directly linked to NASDAQ performance. If you look at NASDAQ over the last 2 1/2 weeks or so, it has lost some ground (which is a normal pullback) to fill a gap in the chart in the 2610 area. With CSCO news of yesterday, I expect we should see a weak open today followed by a rally that should take us somewhere above the 2850 area. If this rally does NOT occur we may see significant tankage and penny market will be dead. Bottom Line: Once NASDAQ resumes the rally (if it does) then the penny market will wake up. Tom

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next