The Thread II 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 Thread II

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: stan s. who started this subject	6/15/2001 6:50:50 AM
From: SirRealist	Read Replies (1) of 9026

The next three days may be fun; I'd encourage folks to stick around for it. One chart scenario suggests we will bottom between 1995-2025, then rising to 2125/2160. Possibly, for the last time. Unless you short successfully, it may be a long time to find sustainable upside. Do not be eager for the day we revisit 1850, because it will not be many days or weeks after that we trade down to the next temporary bottom somewhere between 1250-1350. I'd say there's a 95% chance of that occurring within 5 months. Even worse, I'd say the odds are 50-50 of half that within 10 months. That's right, about 650. With the Dow at 6500. It's not about a market crash; it's mostly a tech crash. Gold, energy, entertainment and old-fashioned value stocks are the safest sectors. The clearest speculation market ahead now requires us to look to the East.... China. Half the traders and 40% of the money the market had a year ago, is gone already. The safest move any of us can make is to go 100% cash and stay away from the market for 5 to 10 months. Or short well. But for 3 days, let's kick some short booty.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next