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.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: techtonicbull who wrote (120308)	12/3/2000 12:42:54 AM
From: James F. Hopkins	Read Replies (2) \| Respond to of 186894

Well the bottom sure has confounded me and I expect it will fool most people. I put a toe in the water Thursday and Friday to test it and so far it don't feel to bad. A lot of what you said is already priced in.. and I don't doubt we will get more bad news, what we need to watch for is the hints of bad news that not effective. F was one such case and if I see a few more stocks not drop on bad news I'll be in in a flash. When it does turn it will do it in the face of fear and most people to timid to buy until the shorts start to cover. ---------- Now a lot of people are "praying" for a rate cut & when they become convinced it's going to happen then it gets priced in ahead of time. But rate cuts are not all they are made out to be and when the first one does come it will get sold into. Beyond rate cuts is "the Fed repo" , now that when it causes rates to drop below the Fed target is what can really kick a market up.. I'm not sure why it does but I've seen it happen a bunch. Jim PS the most hated and beat up sector "telcom" had the best sustained rally Friday.. IF Fidelity decides to support her positions she has more reserves than the Fed does.