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.

Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Narotham Reddy who wrote (28963)	9/23/1999 10:24:00 PM
From: J. P.	Respond to of 50167

Re: 200 Day moving averages This situation reminds me very much of a year or two ago. The SP 500 and the Dow had fallen to their 200 day moving averages, while the Nasdaq hovered well above, as is the case right now. I believe the Nasdaq will come down to touch it's 200 DMA, then may take a nice bounce up. I believe this drop is very healthy, as the market was trending sideways. A little fear and uncertainty and some low prices makes me personally be watchful for the excellent prices which may present themselves in the coming weeks. Good luck to all.