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: Terry Whitman who wrote (34372)	10/30/2000 3:12:07 PM
From: Paul Shread	Respond to of 42787

The Trannies are the real surprise today, and definitely doing a lot to temper my noontime worries about the Dow (remember Dow Theory, anyone?). I don't know about the soft landing yet; that last 50-bp doozy is just hitting the economy now. Still, it looks like the market is taking that scenario seriously, and the market has a way of anticipating things before they become clear. If the Dow closes above 10,900, I'd be mighty tempted to remove any topping patterns from the Dow chart. Thanks, it's been an awesome couple of days. I think I've done about 15% in the last two days. The most susprising thing to come from the Nasdaq's correction would be a shift in leadership to value, which probably makes it the most likely outcome. ;-) I bet everyone expects the NAZ to lead to the upside, but I'm wondering if the tech bear lasted just long enough to take the wind out of the sector.