SI
SI
discoversearch

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.
Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?


To: LBstocks who wrote (13543)4/14/2000 8:23:00 PM
From: Michael Kimmel  Respond to of 35685
 
IF this is the text of the entire article, it is
pretty biased.

She repeatedly made reference to tech as being a very
good place to be. Toward the end, she made a point
of mentioning this again...changing Maria's topic.



To: LBstocks who wrote (13543)4/14/2000 9:05:00 PM
From: Jim Willie CB  Respond to of 35685
 
AbbyJo calls this tech correction a "market event".. exactly

I have never in five years heard so much in the media, newspapers, publications like Business Week, all make reference to support lines, uptrends, volume levels, relative strength

with fundamentals behind technology firms so squarely intact, what we have seen is a pure technical correction in search of support, and finding little

technical analysis deals with the supply and demand of stock as a micro-economy... I wish I were more astute in its practice... I wish my trading arm were more tightly linked with my analytic arm... I continue to sense market troubles 2-4 months ahead, but cannot escape the swath in the reaper's path

what concerns me most is the intelligence of the stock market as a forward looking mechanism... it usually is 90% right in "predicting" forward troubles... AbbyJo contradicts any claimed notion that the economy of tech sector is soon to experience trouble... if all systems are go with the technology buildout (wireless, fiberoptic, semiconductors, cable), then we should be all systems back on track soon... but with more reasonable growth levels... and with profitless firms more appropriately valued

these last few weeks are purely the other side of the Y2K Phenomenon
it was unprecedented in its ascent
it has been unprecedented in it descent

/ Jim