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 : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Sarmad Y. Hermiz who wrote (104593)6/3/2000 12:25:00 PM
From: Robert Rose  Read Replies (2) | Respond to of 164684
 
<Are there any economic numbers coming out soon that would point to higher interest rates ?>

My concern now is that this week the market priced in no rate increase on 6/28. So it may go higher till then, but is vulnerable with the news. Of course, we saw the best of all possible worlds this week, but the potential for 20-25% more gains remains through the summer.... If interest rates cooperate (can you say IF???).



To: Sarmad Y. Hermiz who wrote (104593)6/3/2000 4:26:00 PM
From: GST  Respond to of 164684
 
Sarmad: <You made a very good call regarding a pop this past week. Unlike the people who everyday call for a rally.> Thanks -- at least somebody around here knows how to read :) Last weekend I said not to buy the pipedream stocks -- that is even more valid for the coming week, and more and more important in the weeks after that. I sold a bit of MOT on Friday and will refocus on Monday. The drop in the market has been "healthy" if the crap stocks don't float back to the top of the toilet bowl -- and I don't think they will. There might be a pop in crap stocks, but they will get flushed soon enough -- so if you own-em, sell-em into the rally. Good luck.