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.
Gold/Mining/Energy : CPN: Calpine Corporation
FRO 23.64-0.4%9:37 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Don S.Boller who wrote (410)8/1/2002 12:30:35 AM
From: rainwater  Read Replies (2) of 555
 
Don,
having never experienced such a bear market before, I
am lost to make any predictions.
I don't see convincing volume yet except perhaps with biotechs. The rest of the stocks including Calpine would
need to break their downtrends with large volume before I come back. I don't plan to buy the bottom rather will wait
for breaks through overhead resistance.

I cannot estimate the damage caused by lack of
integrity of CEO's but expect large volatility
as a result and think things will base for a while before
we go anywhere. I will watch how biotechs behave to
judge when risk capital is convinced to put money to work.
Having experienced a painful lesson from following popular
myths, I am watching technicals much more closely now instead of listening to conference calls or analyst opinions. Cheers
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext