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 : Trading the markets..... -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (122)10/7/2000 2:11:26 PM
From: PMG  Read Replies (1) | Respond to of 4583
 
re: is this perceived as the sell off?

15:30 ET Dow -192, Nasdaq -150, S&P -37.84: [BRIEFING.COM] It was bearish earlier in the session, it turned ugly and now it is getting scary... This has not been the massive sell off related to a particular event, this is worse... Despite the dramatic declines over the last month, the indices have yet to reach a level low enough to bring investors back into the fray... Over the last two weeks the Dow had remain confined slightly above its 1998/2000 trendline while the Nasdaq slowly began to catch up... Today both of the indices have staged a bearish breakout through their respective trendlines... Volume has been very heavy but there have been no signs of capitulation yet, merely a constructive meltdown... DJTA -33.08... DJUA +3.79... SOX -41.54... DOT -48.65... XOI -4.42... BTK -30.40... NYSE Adv/Dec 831/1959... Nasdaq Adv/Dec 948/2991.'