SI
SI
discoversearch

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: James F. Hopkins who wrote (120312)12/3/2000 9:25:32 AM
From: techtonicbull  Read Replies (2) | Respond to of 186894
 
Uncertainty will prevail but I think during especially next week it will be my strategy to buy the QQQ (NASDAQ 100 Trust) when the NASDAQ (or if it does) drop below 2,500. I will be a buyer of 50% of my position at that point then the other 50% of my position when it breaks (or if) 2,450.

I believe that 2,350 to 2,400 on the NASDAQ should be the absolute bottom.



To: James F. Hopkins who wrote (120312)12/3/2000 9:44:06 AM
From: techtonicbull  Read Replies (2) | Respond to of 186894
 
Hogan cautioned that a great deal of uncertainty still hangs over the market, limiting the chances that any gains in the Nasdaq and Dow Jones industrial average can be sustained.

"Unfortunately, the reasons that have caused the selloff are still with us," Hogan added. "We still must have a president of the United States for next year; we need to get the Fed off of the tightening bias that they have, and we clearly need to see some economic data that says the economy's not going into a recession."

cnnfn.cnn.com