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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Gary105 who wrote (48032)	7/17/2000 3:02:18 AM
From: Death Sphincter	Read Replies (3) \| Respond to of 94695

I hope it starts toward those levels later this week. You know from earlier talks that I wanted to see that 1300-1325 area before a possible push to 1625....that was June and I felt that it needed to happen before the earnings hoopla started or else we would have to wait. Back then the NAZ was approaching the 3700 area but didn't reverse...so that made a run to 4000 look good. So it has held into earnings season and we now have the rah-rah cheerleading....but I still want to see a return to sub 1400 S&P....I still want to see a 'psyche out' move with the Bear Music playing loudly...we really didn't here them playing that tune back in May, it was a 40% NAZ drop yawner ..."ho-hum, 40% so what? look at all the bargains" Well, anyhow thats the "read" I've been following and waiting for....that being one more stiff one down and THEN the move up to 1600+......and THEN another stiff one down to 1200 land. could be that I waited too long, but we shall see shortly Carl