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.
Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Starlight who wrote (10948)5/10/2000 4:45:00 PM
From: Rocky Reid  Read Replies (1) | Respond to of 60323
 
Blowout Friday?

This Friday may be shaping up to be a big blow-out possibly down to levels below 3000. If this happens. it could send a signal that a bottom has been reached, and any moves the Fed makes next week have already been 100% factored into the current Market.

My fears about Mortgage overextension have been confirmed today with nthis news release:

biz.yahoo.com
U.S. mortgage debt rises, boosted by stock selloff


The economy is way too hot IMO, and The Fed must grab the bull by the ba**s and show some leadership for once and institute AT LEAST a 3/4 point rate hike.

Please fasten your seatbelts and assume a crash position. This baby's GOING DOWN!