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: Clappy who wrote (16167)4/24/2000 10:01:00 PM
From: Voltaire  Read Replies (7) | Respond to of 35685
 
Hi clappy,

I always enjoy your writings and you make some great points, however I must respectfully disagree.

I will even go as far as to say the following:

Beginning no later than Thursday of this week and probably sooner, we will begin a roll that will take us back to the old highs within six weeks and that is why I was buying today.

Volts



To: Clappy who wrote (16167)4/24/2000 11:58:00 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 35685
 
my expectations as time proceeds:

- Naz 3350 retest will succeed for now
- next comes a rally to the Moving Averages 15% above here
- it will be explosive at first then lose steam
- too much negative sentiment remains, no confidence
- then comes more Fed rate fears prior to May16th
- several weeks must pass to become assured that the Fed will not destroy this bull market and historic economic expansion
(biggest uncertainty is this issue, with Housing already offtrack)

- until midsummer comes sawtooth trading range for Naz between 3200 and 4200 with mucho volatility
- enormous opposing forces will face off, with New Paradigm Priests straining to declare the Great Buildout continues, versus Old Economy Graybeards urging like carnival barkers that the Bear has wounded Techs

I see big volatility and great trading opportunities upcoming for the deft & fleet afoot
I see no worse Naz than recent lows
I see no strong sustained recovery approaching 4500 until late summer

I see a possible Naz rally surpassing 5000 by yearend, which will lack the enthusiasm of past months because:

- margin usage will be much more restrained
- many many daytraders and other risky players are cut down
- confidence is shaken terribly
- the Fed might possibly destroy this economy in search of its elusive (and never attained) Soft Landing

ONCE THE FED FINALLY SEES A SLOWING ECONOMY, THEN ALL RATE HIKES DURING THE PREVIOUS 3-4 MONTHS WILL BE DEEMED EXCESSIVE, THUS SLOWING THE ECONOMY MUCH BEYOND THAT ELUSIVE SOFT LANDING

shaken, stirred, wounded
/ Jim Willie



To: Clappy who wrote (16167)4/25/2000 12:07:00 AM
From: freeus  Read Replies (2) | Respond to of 35685
 
Here's what I think
(It's not worth much but you asked!)
We will go up and down as we have the last two weeks for two months.
Last May's margin calls are still fresh in my mind so I'm assuming another miserable May.
July will be earnings run up month. New speculators will enter the market and run the stocks up crazily again.
August will dump like it usually does. We will all be crying again and wondering why we didn't sell in July.
Then will come the October collapse as mutual funds once again rotate and reorganize their portfolios.
Then will come Wonderful Winter.
We will all be joyful, sing songs and forget all this happened.
Best wishes to all.
Freeus



To: Clappy who wrote (16167)4/25/2000 1:53:00 AM
From: elpolvo  Read Replies (1) | Respond to of 35685
 
Where are we headed after this beaten down earnings season is over?

clappy babe. you be askin' the same question ever since i be knowin' ya. and i keep throwin' this in yer face and you keep ignorin' me and thinkin' i'm bein' funnie:

redbay.com

what better map can ya want? tattoo it on yer hand dude.

love,

-polvie



To: Clappy who wrote (16167)4/25/2000 3:02:00 AM
From: abuelita  Read Replies (1) | Respond to of 35685
 
You know, I can understand why this has happened - I don't like it because I was stupid and greedy and kept multiplying split after split on my calculator and relishing the fact that I would be a multi-millionaire (not just millionaire) in x number of years that I lost sight of the fact that, that just does not happen.

I even thought, Gee, I'm gonna make too much money. I mean, really! How stupid! So, for me, as much as I would prefer flying first class, this kind of brings me back to basics. I'm just going to hold on to what I have, wait for it to run up again (and it will, sooner or later)and live an ordinary life, like I have been for the last half century and just carry on.

I've just spent 10 days away from real time quotes, the office, and all the bull that comes with living in an urban environment - traffic, noise pollution, air pollution, people pollution. It's jarring to come back. You feel it first just behind the shoulder blades. Sort of tightens.

But what hurts the most, even afer acknowledging that perhaps this "correction" was necessary to get rid of all the flotsam, is that, like joseph w renfrew said, a lot of folks' retirements has gone up in smoke over this. and I don't think that it had to go that far. That's what I'm pissed off about.

Anyway, I think it's late enough in the day that not too many are going to read this so I don't have to feel bad tomorrow morning about what I said last night.

Night all.

Rose.