MDA - Market Direction Analysis 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 : MDA - Market Direction Analysis

SPY 672.07

-1.7%

Nov 13 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: eichler who wrote (81227)	8/6/2001 1:03:33 PM
From: t2	Read Replies (2) of 99985

The market seemed to have lost steam. In addition to technology, GE is not doing well. Watching TYC to see if it also takes a bit of a dive in sympathy with GE. The concerns about an energy overbuild is going to hurt stocks like GE and many other industrials that may only have a small piece of this business. It seems the gold stocks seemed to be on a bit of a rebound today. If the Nasdaq/Dow weakness continues into the afternoon, I would be looking to add some hedge with gold shares.(already bought some this AM). Puts on technology to hedge also not a bad idea for a day or two. I am looking to Wednesday as the day we could see a rebound; need time to digest the intel calls as well as energy. jmho. BTW--just looking for very short term hedges; still expecting the market to keep slowly heading higher.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next