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.

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

To: Peace who wrote (33825)	9/29/2000 6:02:05 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 50167

Peace i had reversals in the DOW-QQQ-SPX-OEX..ect etc.. they are moving toward double bottoms on the P&F charts.. if they break, the market will move much lower here quickly... no matter that we are oversold here...we can go lower on every rally back up to resistance.. sellers are there everyday almost... my thinking is, we'll rally a bit harder here...but i have this nagging feeling this market has a lot of work to do to recover...before i buy anything... i keep thinking, like a said their would be a lot of collateral damage from the INTC fallout... i think it will be worse than we thought...both for INTC and all the big cap techs right here, and going forward next Q..they will warn...if they do that, then we have not seen the major lows just yet... so if we now know they are slowing, whats going to turn it around before the 4th quarter???...nothing....imo...zero.. can only get worse before it gets better... this next rally should tell us a bit more..about who's brave or not<G> there is still a long way down to go on all indexs..ALL... just my thinking.. to all my Jewish friends...Happy New Year...our family comes together at this time of the year to gives thanks for our lives and loved ones... i gotta go now...no more posting tonight... shalom... OJ