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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (33636)9/25/2000 2:29:17 PM
From: Stoctrash  Respond to of 50167
 
I pretty much agree...no bounce later today and the bulls give up IMO, and all this talk of a bottom turns to "test the bottom again".

My NDX.30 is already on a sell, my NDX.60 will likely sell here in 2 minutes.



To: James Strauss who wrote (33636)9/25/2000 11:51:00 PM
From: Skywatcher  Read Replies (1) | Respond to of 50167
 
What I find most curious and interesting is the INTENSITY and the NUMBER of rumors circulating all over the place about every big cap tech stock...something that normally happens just around the earnings announcement time for such stocks like CSCO where the bears ALWAYS try and put the fear of not hitting the numbers into the market...
So what I see is they are taking advantage of the ACTUAL warning from the big INTC...and now spreading it to LU CSCO etc...even though they are a LONG way from any earnings...
Two ways to look at it...
1)the scenario I just set is another rumor scare tactic
2)actual warnings coming from some of the big guys and the market will absolutely TANK! if this is true...the market is just TOO fragile to take a couple of those...as for LU...
well they ain't CSCO and wouldn't hurt too much as they have been lying dogs to the analysts for a year now and will only get some respect after about a YEAR of performance.
chris