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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: Perspective who wrote (20671)9/22/2000 3:46:51 PM
From: John Lacelle  Read Replies (2) | Respond to of 436258
 
'cor,

Ya know, lots of strange things we occur as a result
of this market decline. I know of numerous people
who made a killing and have now retired at like age
50 or so. I wonder if they realize how serious the
situation may become now that so many people have
become net sellers of stock rather than buyers? I
imagine that we are about to hit a nice round of
inflation coupled with a powerful recession as the oil
price and meltdown of the ".com" economy take their
tolls on the GDP. Things might get pretty ugly over
the next six months, I think.

-John



To: Perspective who wrote (20671)9/22/2000 4:41:48 PM
From: marginmike  Read Replies (1) | Respond to of 436258
 
It didnt seem like much money left today? I agree with everything Fleck says, but maybee there is just to much cash out there, and to many people(gore) who will keep pschology positive.



To: Perspective who wrote (20671)9/23/2000 11:05:46 AM
From: kmanster00  Read Replies (2) | Respond to of 436258
 
i think that the money has already switched hands ALAN. The networkers have already reached levels where they are likely set to head higher and the semis are near a bottom as well. Most investors tend to run for the door near the end and i belive that the markets are about 2-4 weeks away from hammering out a medium term bottom and making a substantial run.

the selling intensity on this latest round of selling just wasn't at levels consistent with major bearish runs. The semis will have one more dip and then look for these guys to jump 30-40% from now until the end of the year.

stockhouse.com