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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: KevinMark who wrote (92183)4/3/2000 5:42:00 PM
From: westpacific  Read Replies (1) | Respond to of 108040
 
As I look over losses today - nasty SVNX -35%!

So many stocks in the negative 20+% range - unreal bloodbath, we don't bounce off this too quickly IMO! Many support levels blownout, so what is the right price if you can't base it off the chart!



To: KevinMark who wrote (92183)4/3/2000 5:42:00 PM
From: yossarian67  Read Replies (1) | Respond to of 108040
 
God, I hope YHOO comes through on Wednesday...thankfully they always do.

The Nasdaq is in a serious short term downtrend, but people, earnings in the tech sector are going to kick butt the next month.......and we're not having the usual pre-earnings run-up....obviously.

Do we run on the news this time? Or will the Nasdaq continue to sell-off as YHOO, the semi's, and the infrastructure plays report steller growth?

I just don't see the rationale for a continued sell-off right in the face of huge growth being reported.