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 : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (3838)	7/30/2000 4:51:34 PM
From: mishedlo	Read Replies (1) \| Respond to of 30051

On ELON. Any comments on how big this is?http://biz.yahoo.com/bw/000727/ca_echelon.html

To: Zeev Hed who wrote (3838)	7/30/2000 6:10:23 PM
From: Bosco	Respond to of 30051

Hi Zeev - yes, for that reason [pessimism,] I feel a stronger sense of throwing in the towel this time around. Of course, there are obvious good reasons. Psychologically, the actual collapse in place of the hoped-for rally is very demoralizing. Also, at least on surface anyway, the strong economic data w/o pleasant surprise are a real concern. Then, there is also a subjective reason. Then, I was ready for it. This time, I wasn't :) I am not at all surprised there is another day of very negative tick. That said, if Monday is proven to be extremely volatile, there is a good chance for a reversal. Upon review of my portf [ugly!] I think I can still take a hit or two, so I ve put in a couple of buy GTCs. Btw, the pt about 50% retrenchment is quite interesting. best, Bosco