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.
Pastimes : Ask da_cheif
MVIS 0.718-0.4%10:40 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Moominoid who wrote (7510)12/14/2001 11:58:25 AM
From: robert b furman  Read Replies (1) of 8150
 
Hi Dave,

Sounds right.Although it looks like many stocks may be rolling over here - It is also true that almost all I'm watching are finding definate support at thei 40 -50 moving averages.

This is a requirement for this rally to show it has legs - legs that go beyond just another failed Rally (like occurred in April).

It also is a great way to fool some more shorts - they will be the fuel of the continued rally (shorts were already historically high - so there could be a lot of fuel out there).

I'm thinking the low rates are catching traction and we pop up with a lat Christmas Rally followed by a strong January effect. BWDIK

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