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: Ausdauer who wrote (11741)6/2/2000 10:26:00 AM
From: TREND1  Read Replies (1) | Respond to of 60323
 
aus
On may 24, 2000 Nasdaq was 41% off it's 52 week high reached on March 10, 2000
Now 41% may mean nothing to you, but if you go back over the entire history of the Nasdaq you will find it to be the second biggest drop.
This is where you must learn about the "entire market" not just the small world of SNDK.
CNBC said it beautiful this morning, unemployment RISING,
economy SLOWING, so Market senses end to interest rate drop,
and we have a "BEAR MARKET RALLY".
Do you realize that the Nasdaq went down 41% in two months,
if it kept going down at that rate, IT WOULD BE ZERO !
And that wasn't going to happen. More..Market 101.A drop in Nasdaq of more then -20% is a BEAR MARKET. At this very moment IT IS STILL A BEAR MARKET.
Maybe 4000-4100 on the Nasdaq during this rally.

Question to you: Are you going to sell some SNDK.
And I know your answer: The higher SNDK goes the more you
will not be able to sell.

Larry Dudash