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 : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: lurqer who wrote (4721)	9/30/2000 7:33:26 PM
From: Clappy	Read Replies (1) \| Respond to of 65232

Lurqer dude, I'm thinking that we will continue to waffle up and down until we get a sharp sell off. Then we could rise until the election and perhaps into January. We need a sharp sell off, but for some reason we are not getting it. It appears that as we fall or get bad news/earnings warnings, there is something/someone there to catch us. Whether it be the Houses or the Slick Willie's Pluge Protection Team or who ever, it appears that this market will continue to ride near these levels until there is something that totally elates or scares the daylights out of the retail investors, houses and funds. We've seen that inflation has not been climbing. Oil up and Euro down, perhaps. But nothing catastrophic. At the same time it appears that we are no longer on the upside of the curve. The newness of this crazy rising market is over. We've seen it, we took it for all it's worth, and now we are not thrilled to hear about the next great electronic or photonic widget that comes out next. The excitement for great story stocks is beginning to grow weaker. Perhaps some of this is due to the mass of electronic investors are now getting acquainted with both the long and short side of the market. I remember times where blowout news would skyrocket a stock. Now I see it rise quickly in the afterhours only to get squashed by shorts as the day grows older. There are still some great momentum stocks out there, but I'm not sure they are as long running as the good days of the AMZN's, YHOO's, DELL's, etc. More and more companies are beginning to be required to show profits or astronomically increasing revenues. As soon as there is a hint of slowing, the stock tumbles like myself on a ski slope. :^) Part of this quick up/down pattern is exactly what Alan Greenspan wants to see. He'd rather that we continue guessing as to which way we will be headed so that it keeps inflation lowered and he can maintain this growing economy. Keep the bubbles from getting too big... Perhaps we will begin to slide upward a little longer, only because we are supposed to. The Houses want it, The Democrats want it, the Retail Investor wants it. But after November the Dems care less. Any jitters will hopefully be played off by the houses as we excel into the end of the year. But after that, where do we go? What keeps us floating? Now take this scenario a step further. With that feeling of short term gains at best, what is going to keep the wealthy fat cats in the market. Those smart investors who pull out at the slightest hint of problems? We need the old Dow favorites to recover. We need less earnings warnings. We need the big guys to feel comfortable again. I think... Perhaps it's going to be a traders market for a while... -ClapOff