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 : Moufassa's Lair
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: moufassa7 who wrote (11457)1/14/2003 6:27:59 PM
From: DlphcOracl  Read Replies (1) of 13660
 
moufassa7: This can all be summed up in one word:

"Seasonality". The market simply wants to move higher (although not MUCH higher, imo) and the news and earnings reports are being spun to do so or the reports are simply ignored. You are correct -- the Intel report and earnings are very mediocre and in the LONG term portend further declines in the markets. However, in the ST it really doesn't matter that much. Imagine if this conference call had come out in July 2002 -- what do you think the market response next day would be?

My guess is that the market works its way higher in a "2-step forward, 1-step back" fashion for most of this month and through most of the earnings with Nasdaq perhaps reaching 1550 or 1600 if sanity is temporarily suspended. In February, reality will once again rear its ugly head and bad news will once again be bad news.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News