Zeev's Turnips - No Politics 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 : Zeev's Turnips - No Politics

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rich1 who wrote (3317)	11/5/2001 10:58:47 PM
From: t2	Read Replies (3) of 99280

Rich1, I think the number of bulls has increased significantly lately but it may be for good reasons. IMHO, the postings may not be a good contrarian indicator--and many are short term traders anyways who don't hold large overnight positions. There is lots happening, including asset allocation changes. A lot of investors/traders are starting the believe the positive commentary coming from many techs, especially the semiconductors. The news on the 30 year bond last week is a key factor that is probably going to push this market higher In any case, I am also looking for a move on the Nasdaq to approach 2000 near term; have been very lucky to catch the lows. The one possibility that I am keeping an eye on is the anthrax investigation. With all those agents working on it, one would think they will crack this case soon. What would happen in the markets if the criminals are arrested? I think the market has a BIG one or two day gain on that news. That is one reason I am still a little reluctant to take profits---I want to sell after they solve the case (and I hopeful they will). That is also a reason for the shorts to be worried jmho.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next