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.

Technology Stocks : PROGRAMMER'S PARADISE (PROG) -- Ignore unavailable to you. Want to Upgrade?

To: Bosco who wrote (2071)	1/28/2000 5:03:00 PM
From: Mad2	Respond to of 2383

Sign of the times I ve never thought the market could hold up as well as it did this week, but is this the beginning of a correction? Nasdaq down 11.7% DJI down 5.8% It wasn't too long ago that this would have been considered a correction, or at least the better half of one. YAHOO indicated a confrence call on 1/27 for PROG. Did this call take place? If so, anyone listen to it? Best Regards, Mad2 (turnip, eggplant and cigarbutt investor)

To: Bosco who wrote (2071)	1/29/2000 4:07:00 AM
From: Carl R.	Read Replies (1) \| Respond to of 2383

Don't ask me, Bosco. I covered my RMBS short and sold my S&P puts because I expect a small rally next week, but I kept my QQQ short, and still have covered calls out on some other long positions. My main forecast was falling long term bond rates, which have happened. Too bad I didn't ever figure out how to play it. I do tend to agree with Zeev that we won't see a strong recovery until late March. I just expect the market to go up slightly next week, followed by more weakness. I don't see a recession or anything major. I doubt the S&P will fall below 1300 or the dow below 10k. The big mystery is whether the DOT will break. I think the DOT will hold for a few more weeks of sideways action before finally breaking. Carl