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.
Technology Stocks : CMGI What is the latest news on this stock?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Uncle Frank who wrote (4170)1/18/1999 11:51:00 PM
From: Mark[ox5]  Read Replies (1) of 19700
 
Im not conservative, just wary of this market at this time. I may be wrong, and yes its impossible to market time... but I just dont see any sustained rallies... We seem stuck in a 9100-9600 range, and breaking 10K on the DOW is going to require a LOT of momentum, its hugely psychologial. The only thing I can see pushing us there now is an interest rate cut.

I just dont like a market where basically 1 or 2 sectors are up and the rest are flat or trending down. I especially like to watch the other "high growth" sectors such as pharmaceutal companies and those are not behaving well.

Last, as much as I love the internet stocks and their potential its starting to scare me when I see so many posts of "I just bought today, so anyways...how many shares does xxx.com have?" or "I just got in! I see this one doubling in the next 30 days!!" (on board after board)

Most healthy thing for us all would be a nice scary 10% correction that gets some people seated back in reality. Then we can start a nice healthy move upward. Once again, just speculation...market has a mind of its own, and with all the 401k money coming in on a daily basis I dont know how the market ever goes down to be honest.

Good luck,
Mark
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