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.
Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Venkie who wrote (24562)12/12/2000 11:27:43 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 65232
 
need momentum to run thru Naz3000
(Naz Futures +60)
resist by 30MA, TG reversal, downtrend channel upper boundary, psychology of "000"

it can be done
we need solid unified stimulus
Fed might provide it

another impetus would be Houses and analysts "seeing past the chasm"
I refer to expecting a revival of earnings in 2nd half y2001
how ugly earnigns might get in 1st half, dunno

I wanna see that resistance broken
then we can expect to see massive short covering again
I tend to think Naz3000 is a wall, a tough wall
sure would like to see a reversal V-shape to unfold, not likely though

/ Jim



To: Venkie who wrote (24562)12/13/2000 8:51:39 AM
From: Boplicity  Read Replies (2) | Respond to of 65232
 
YOu will be surprised how muted the rally will be. We already have started the consolidation part of the FED de facto netural move. The market needs time to come to grips with everything that is happening.

Greg