Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (21806)	8/2/1999 3:27:00 PM
From: TWICK	Respond to of 99985

Absolutely agree. It is not my nature to buy on dips. I'd rather wait and look for a clear bottom like I found in early Oct 1998 after the re-test of the lows (all the credit goes to Mr. Bob Brinker on that one), this Spring in the Oil sector and the Nikkei. I'll let J6P buy the dips. Twick

To: pater tenebrarum who wrote (21806)	8/2/1999 9:00:00 PM
From: Gary Wisdom	Read Replies (4) \| Respond to of 99985

Heinz, I don't know how you can say complacency is the name of the game. Have you looked at any charts on the nets? Try ebay, amazon, yahoo, aol, spln, athm, nsol, rmbs, amtd, nite, egrp, tscm etc etc. Complacency? I'd say 50% haircuts in one month isn't exactly complacency. I'd say it's more like margin selling is in full force once again. I'd say complacency if people were actually buying these dips. With these haircuts, I just can't see anyone doing that right now. Good time to be short the nets. Hope you're making a ton if you are.