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 : The New Bull Market.
RMBS 94.27-1.3%11:25 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GROUND ZERO™ who wrote (788)6/19/2002 5:03:42 PM
From: Chip McVickar  Read Replies (2) of 1750
 
>>I suspect it may be a long time before investors are comfortable with these markets<<

Investors and the general public are patient and still relatively sanguine about future work and stable economic cycle allowing for decent wages and employment.

Some stuff I've been reading suggests that the public is essentially gone from the markets.... except in their contributions to retirement plans. So the pros that are buying cannot sustain a move of any duration..., because the public no longrer gets excited and steps in... today they just aren't there to support any move.

Enron, Tyco, Merril Lynch'd You and all the false moves higher have done their job well. This accounts for the lack of buying pressure. The hot traders are whacking heads, and they won't stay long in anything.

In due respect for your trading judgement, as it is awesome....!
I still do not expect a crash..., nor a break of the DOW below these recent lows..., and I anticipate a summer rally in hopes of drawing the public back in.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext