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 : Group Therapy -- Ignore unavailable to you. Want to Upgrade?

To: Duane L. Olson who wrote (1097)	4/19/2000 1:54:00 AM
From: Alan C. Zezula	Read Replies (1) \| Respond to of 4564

TSO/dlo had gastroenteritis and Patriots day on Mon. so didn't even chk. SI. FWIW I'm looking for a Fibbonocci retracement from the closing low on the NAZ of 3321.29 = +1151.56 to 4472.86 best case NAZ scenario. Talking heads on CNBC are saying a best case scenario of a 50% retracement = +863.50 to 4184.79. Either way I'll take it. Breath broadened out Tue. which I found encouraging. There are also rumors of some short covering going on. So far no regrets on buying CSCO at 56 1/2 on Fri. along with my calls on CSCO, LSI, and CPQ but time will tell. I think we're ok for the next couple of days, but who knows. If the breath and volume hold their own this rally could be for real, but like everyone here I've been whipsawed before so Im hoping for the best and trying not to think about the worse case scenarios. Cheers, Al "the dead cat bounce"