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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: limtex who wrote (7094)10/10/2000 9:51:24 PM
From: Catcher  Read Replies (1) | Respond to of 65232
 
At some point every tech stock has to stop going down each time a particular stock warns. intc warned and everything went down...then apple warned & they all went down again...dell...lu...etc. now they all seem to be going down when a particular company meets but doesn't "excite"...yhoo, mot...again, ONE DAY buyers will step in and say, "brcm (for eg.) has gone down in sympathy with 7 different tech stocks that have little to do with brcm's business." hopefully that day comes soon!



To: limtex who wrote (7094)10/10/2000 10:06:15 PM
From: LLCF  Read Replies (1) | Respond to of 65232
 
<And what about MU which "I thought blew the numbers away, what about that?>

This is the salient point getting covered over... when good news gets sold, the market goes down... that's basic. Now, the question is when do we bottom out??

Another point... you have to have the public buying stock for it to rally, houses only have limited short term control IMO. No way THEY can create a bull market... remember THEY are the ones that siphoned billions out of this bull selling folks things like DrKoop.com!!

DAK