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.

Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: rsie who wrote (13319)	4/17/2000 7:46:00 PM
From: Investor2	Read Replies (1) \| Respond to of 15132

During a traditional bull market, corrections frequently consist of relatively quick, violent drops. These violet corrections serve to shake out the weak holders, who often sell at the bottom of the violent correction. On the other hand, during a traditional bear market (the kind we really haven't had since 1982 IMO), the downward movement is often slow and methodical, like Chinese water torture. The counter-trend moves are often quick, thrusting rallies, that serve as bull-traps. Best wishes, I2

To: rsie who wrote (13319)	4/18/2000 1:11:00 AM
From: Carl R.	Read Replies (1) \| Respond to of 15132

Richard, you've got it. Bear market rallies tend to be extremely fast and furious, albeit brief. I think we'll retest that low again, perhaps tomorrow, and perhaps not until early next week. Enjoy that gain on the AMAT, Justa, if the bear returns it may not hold. The semi-capex seems awfully pricey to me for this stage in the cycle, but so much the better for the downturn stage, I guess. I still hold my KLAC, but I have two sets of covered calls out against it. If it pops over 80 by Friday I could be short. <G> Carl