SI
SI
discoversearch

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 : All About Sun Microsystems
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steve Lee who wrote (45355)9/18/2001 3:31:34 PM
From: High-Tech East   of 64865
 
FWIW ... I think there is a tendency, right now, for people to genuinely feel, in a psychological way, all of the negative economic and business news. When the small investor capitulates (and mutual funds are forced to sell millions and millions of equity shares), then we may be at or near the bottom. Lots of profit warnings due in the next two or three weeks, and equity markets are very fragile.

My assessment is that we are very close to the final stage of this bear market, although who knows how long it will be after that for accumulation and movement upward to begin. I would not be surprised to see the S&P at 850-900 by mid October.

That's my guess. Sorry to be so pessimistic, but that is how I see it. My S&P puts are saving me.

Ken Wilson
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News