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.
Strategies & Market Trends : Dave Gore's Trades That Make Sense
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Smart_Money who wrote (1702)1/29/2002 1:24:28 PM
From: Dave Gore  Read Replies (3) of 16631
 
MARKET ACTION - Why is the Market Weak and Is It For Real?

My logic tells me this - If the Market is finally realizing that we have over-valuation (in the Naz especially) and that the improving economy will not provide enough of an earnings boost to remove the over-valuation, then I can buy that we could go down.

However, if is down PRIMARILY because of accounting concerns or the Fed Action tomorrow or particularly Bush's speech tonight, then this is just another down day that will be followed by an up day or two, then another down day or two, etc. and etc. In other words a continuation of the pattern that we have seen the last couple months.
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