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.

Pastimes : Tidbits -- Ignore unavailable to you. Want to Upgrade?

To: Didi who wrote (743)	7/27/2000 5:33:48 PM
From: Clappy	Read Replies (2) \| Respond to of 1115

Hi Disu, Welcome back. (If you're back...) What are your thoughts about market direction. Do you think the Naz100 will dip much further below it's support level of 3700? It appears to have closed at 3681. The Naz appears to dipped below it's 200 DMA and sitting just above the 50 DMA. Not much support below us. Nice gap to be filled. I'm getting the feeling we will the test the May lows. Perhaps a few relief rallies on the way... What are you thinking and what are you playing? -Clappy

To: Didi who wrote (743)	7/27/2000 8:06:08 PM
From: hivemind	Read Replies (1) \| Respond to of 1115

Hi disu, Thanks for the welcome, glad to be here. Always on the lookout for learning something new. Looks like I found a good place! Speaking of which, I have a question: Anyone think the QQQ's recover reasonably soon? My rather simplistic read of the chart suggests potentially more downside, perhaps a little support at 90. But breaking though 90, next support looks to be 80, then the recent low lows. With the fundamentals of techs now in question due to slowing economy, I am thinking upside from here is going to take some broad based solid earnings from some tech leaders with strong revenue growth - but who? Ride it out with the QQQ? or do something hedge-ish? Inquiring hiveminds want to know! ;)