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.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: ItsAllCyclical who wrote (64574)	4/14/2000 10:52:00 AM
From: Jon Cave	Respond to of 95453

re: regarding Techs - LU is up 1 3/4 today.

To: ItsAllCyclical who wrote (64574)	4/14/2000 10:59:00 AM
From: BigBull	Read Replies (2) \| Respond to of 95453

More and more CSCO and SUNW are looking like busted stocks. You are right 50 is the DMA however it could easily do 40 intraday in a panic. The Naz is today hitting it's 200 dma, I expect some kind of rally soon, I don't trust it. Trade it if you will, but I don't think a V bottom is in the cards here. IMO the big techs may rally to their 50 dma's - that is the acid test. I am looking to re enter some time in MAY. Call me crazy, but I don't trust any rallies here. This is an intermediate sell off in Techs, the Bull is still in tact for them as well as OFS stocks, I just don't think its over till panic hits. I'll be watching my sentiment indicators closely.