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.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: hui zhou who wrote (46914)	4/17/2000 12:46:00 AM
From: Fact4	Read Replies (1) \| Respond to of 99985

I agree on a rally..NAZ at 3321 looks way over sold. Hang Seng and Nikeii are laggers and are far behind the leader, US leads the trends. Most of the major selling is done. I do believe there will be a new set of stocks that will rise. Although I don't believe that "potential growth" is gone. Wireless industry shows too much promise to ignore.

To: hui zhou who wrote (46914)	4/17/2000 12:56:00 AM
From: Digitom	Respond to of 99985

A snippet from Barron's citing varying levels of worry, and bearish behaviour... "There's still an enormous complacency out there," says Byron Wien, chief domestic strategist at Morgan Stanley Dean Witter. "People still assume that every dip is a buying opportunity." One indication that traders are bloodied but unbowed is online broker Ameritrade's Investor Index, which showed buy orders continue to predominate among the firm's customers. On Thursday, buyers made up 77% of the firm's trades and the index stood at 89% on Wednesday (for details, see www.ameritradeindex.com).