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 : Tech Stock Options
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: donald sew who wrote (51245)8/31/1998 3:34:00 PM
From: edward miller  Read Replies (1) of 58727
 
Donald,

I'm beginning to wonder if the S/MMs are onto people looking for
a rally to short into, and won't let it happen. Not a pretty
thought, since this major wave from July is just the first.

I would not be shocked if we hit the 10% trade collar this week
in a panic washout. If so the next step would be a rally that
brings people back from that pale free-fall look (you know the
way up look when you first get a severe flu bug and no food can
be in the same room without causing gastronomical violence).

If it goes that way, then we aren't there yet. I am not predicting
a price for a bottom. What I am telling you is my gut feeling is
that this first wave down won't die until panic reaches levels MUCH
worse than in 1987.

Ed Miller
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