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 : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: jim kelley who wrote (39914)	4/14/2000 4:47:00 PM
From: Marco Polo	Read Replies (1) \| Respond to of 93625

``I have to realistically say that the damage we are seeing now is too much damage to come back from,' Porter said. Porter said the market was testing key support at 3,335.00 to 3,230.00, which represents two sets of Fibonacci retracements and a major upward sloping trendline drawn off the October 1998 lows. ``If we take those levels out, it is going to signal a lasting and important peak. If they can't rally the troops at that level in the Nasdaq, then just kiss it goodbye,' Porter said. Porter also expressed concern that margin calls on Monday will start next week off with an even more negative tone.