The New Economy and its Winners 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 : The New Economy and its Winners

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: 16yearcycle who wrote (5543)	3/4/2001 2:02:41 PM
From: Mark Fowler	of 57684

The only hope I see is if we started another vector, which I now believe, using the 97 and 98 bottoms, then we are at support and haven't broken that support line yet. But if we go much lower, we are in no man's land by any measure. << Gene It looks like we are there now in "no man's land". Their's really no Support on the Ndx until it approaches approx. 1550-1400 areas next. We took out the 50 and 40 ema's on the long term charts, this is not good! And the S&P is now flirting with this important MA line and I think she'll go too. What does everyone make of this, going forward?<< I think it spells trouble Gene. A dangerous situation brewing here with our markets and it looks like it's starting to snowball out of control. Confidence is gone! Their's a sharp group of investors in the silicon valley that think the nas is going to 1025 -50, imagine that?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next