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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Terry Whitman who wrote (31672)	10/26/2000 4:48:01 PM
From: pater tenebrarum	Read Replies (2) \| Respond to of 436258

i'm largely agnostic as to tomorrow's market...but if i were pressed to make a bet, i'd say we're going to see another smash down... GDP is normally ignored...however, if tomorrow's number shows a sharp slowdown, we may get worries about the coming recession beginning to enter the equation. btw, the yield curve has clearly given the recession signal by now... as for today's intervention at support for the NDX, the more often a support level is visited by the market, the more likely it will break. no amount of intervention can break a primary trend. the low will be made when the market is good and ready...and when speculation about where the low might be finally ceases. sort of like the XAU and i. i have stopped speculating on where it might bottom...i really don't know anymore. which probably means that the bottom is close, or has perhaps been seen already... wait for CNBS parading people that tell us the market's a bottomless pit now, and 'nobody knows where it might end'...i'd take that as a strong anecdotal sign that things are ready to really turn around for a bear market rally a la the one of the Nikkei which began in late '90.