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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Dan3 who wrote (106076)4/16/2000 8:40:00 PM
From: Bilow  Read Replies (1) | Respond to of 1570288
 
Hi Dan3; My guess for the market on Monday, (about which I have very little predictive capability!):

(1) Bottom on Monday, at around 10:00am to 10:30am. Great opportunity to buy for short term with relatively small stop loss.

It is possible that the market will not hold Monday morning. In that case, the next most likely bottom would be Tuesday morning, with Monday having a slight to bad decline. (This past Friday was a bad decline):

(2) Bottom on Tuesday, at around 10:00am to 10:30am. Great opportunity to buy for short term with relatively small stop loss.

That would be highly likely to be the bottom, but if it didn't hold, then things should bottom on Wednesday, possibly after a full blown market-halting panic drop of 15 to 25% on Tuesday. Again:

(3) That would be a great opportunity to buy for short term with relatively small stop loss.

Of course, I've been very wrong before. Check out what Zeev Hed is saying, he is the trader I have the most respect for. (His ability to understand the details of unfamiliar technology is another thing.)

And what do you think?

-- Carl