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 : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: J.T. who wrote (1591)	11/30/1999 10:19:00 AM
From: fut_trade	Read Replies (1) \| Respond to of 19219

1399 on the SPX is firm for now. Inet leaders are breaking down.

To: J.T. who wrote (1591)	11/30/1999 10:24:00 AM
From: Matthew L. Jones	Read Replies (2) \| Respond to of 19219

We all know that ANYTHING is possible in this market. It is just my opinion that there are not a lot of viable alternatives into which we can place our money with any hope for a decent return. Everyone knows that these markets are in the nosebleed section... It comes down to this: 1) Do we go short and go broke in the process? 2) Do we sit on the sideline and watch the market leave us behind? 3) Or do we PRUDENTLY ride the tide with one hand on the ejection lever? I personally choose the third option. IMO, the real risk in this market is to not be in it. There is no law that says that we have to ride a correction all the way into the ground. I say go long technology with stops in place. Matt