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 : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: adcpres who wrote (33702)	10/19/2000 8:04:05 PM
From: Roebear	Respond to of 42787

adcpres, Interesting post. This market lately reminds me of Rodeo, a bull turning itself every which way but loose trying to throw its rider. The bull would always win but for the time limit and clowns. JMHO, but I think this time the Bull is a Bear in a Bull costume and after the rider is dismounted the clowns will be running for the fences. Best Regards, Roebear

To: adcpres who wrote (33702)	10/19/2000 8:21:26 PM
From: dennis michael patterson	Read Replies (1) \| Respond to of 42787

GH, I made more money today shorting SUNW than going long. I went short 4 times and long 3 times. I made money on all shorts and lost once on a long. As little as 1/2 a points and as much as 1.5. The longs into the close were nice. I have to say that I really regret 2 things today. One, not buying after hours last evening, and (2) not buying some semis like TI. That was easy money today. Damn

To: adcpres who wrote (33702)	10/20/2000 8:58:52 AM
From: Paul Shread	Respond to of 42787

Here's why I think this is a bottom of some significance: NAZ 3000 held beautifully. Not just with strength, but with force. There's billions of shares holding that level, similar to Dow 7500 in '97-'98. Old tops make good bottoms: everyone who missed the NAZ's big run-up had another chance to buy into the stocks they missed -- that's when bears become bulls. They missed it the first time, they're damned if they're going to miss it this time. That gap at 2900 was a major breakout gap; it will not be filled until the major trend becomes bearish. The inability to fill that gap adds to the case that this just might have been one of those big NAZ corrections that comes along every 2-3 years. Boy it feels funny being waaay out on this limb... <ggg> GDP goes negative next week, Saddam loses it again, and I'll be in the SI posters' Hall of Shame. <ggg>