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 : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (1609)	5/16/2000 6:42:00 AM
From: robert b furman	Read Replies (1) \| Respond to of 33421

T.C.Worden just had an excellent post about how volume capitulation days are not what retested bottoms are about. They referenced the october 8 th 1998 as a wimper in volume relative to the capitulation days in august/sept. Their point is well taken,capitulation days create quick spike down days that provide great short term swings.It is the slower regrinding out and retests that produce many ill-timed sells just before a nice recovery. This last earnings period had great numbers with lousey price action.That coupled with the volatile capitulation days in march have netted a transition from weak holders to strong holders. New leadership in the chip makers is just beginning to emerge: elnt,tfs,and supx all look great. By the time volume re-emerges I'll be up 15-20 %!! HEHEHE Bob Look out Russell 2000 - The dogs are going to have their day!!