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 : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Olu Emuleomo who wrote (3516)	11/29/2000 11:21:43 AM
From: Tom Kearney	Read Replies (1) \| Respond to of 57684

Olu - Why Dec 12th?

To: Olu Emuleomo who wrote (3516)	11/29/2000 12:57:41 PM
From: Bill Harmond	Read Replies (1) \| Respond to of 57684

I think that's a tough call, Olu. The election controversies certainly broke what was a nice technical bottom formation, and the sell-off since has been extreme, so we could expect an emotional relief rally of some sort. However, there is all sorts of technical and strategic issues working now because of year/quarter end. We have tax selling by individuals (including mutual-fund switching), pre-announcement season, and reluctance by fund managers to sell winning positions (read defensive issues) before quarter's end. I think these issues outweigh election relief.

To: Olu Emuleomo who wrote (3516)	11/29/2000 12:59:15 PM
From: Si_Detective	Respond to of 57684

Some observation: CMOS earning yesterday, earning good but foresee slower sales going forward. Tank after hour and early morning, then turns green again. IMO, the stock has every reason to drop big under this market condition, but it holds. Hmmm, I like the idea of substantial rally around Fed meeting.