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 : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Bucky Katt who wrote (43902)12/20/2000 4:36:05 PM
From: Tradelite  Read Replies (1) | Respond to of 57584
 
Mr. Jepson....agree with your thoughts. More downside to come, and I'm not even shorting to make money off it. Just trying to keep working and the money coming in.

Have spent afternoon counseling older son (while he is lounging on sofa watching TV, within 6 months of college graduation) that he better get up off his butt and look alive, because times might be changing, and furthermore "I have seen those economic cycles and we are in one--the bad kind of one."

Don't mean to imply he's not a worker or a good student, because he is, but he just seems too complacent to suit me under present conditions, and I'm not planning to spend my retirement funds on supporting him when college ends, which many members of his generation are assuming will be a given.

Meanwhile, Abercrombie and Fitch is working my younger college son until 2 a.m. several nights a week----struggling to make numbers to suit Wall Street, I guess....and A&F probably WON'T make numbers to suit Wall Street. But at least son will get paid for each hour worked....more than investors in A&F stock are probably making.

Are we having fun yet?



To: Bucky Katt who wrote (43902)12/20/2000 10:31:54 PM
From: carepedeum2000  Read Replies (2) | Respond to of 57584
 
SOME SIGNS OF A BOTTOM FORMING
vix hit 36.75, that is "bottom teritory"
they are finally shooting csco, last tech standing
most of the individual investors are either wiped out, or too scared to buy

pessimism is thick, almost 1000 new lows today, advance delcline line was almost 5-1 ratio at one point today

i think the massive downside is over, a bottom can start forming, driven by the caveat of a rate cut at anytime by the fed

other than that, there is no seen reason to invest in tech, it is now the "dead, bad place to be" part of the market, hardly anybody wants it

we are way overdue for a relief rally, i think it will start soon-maybe as early as friday afternoon,

final key to start dipping in for me-- when the 30 year bond prices start falling, that will be the sign that money is returning to the market,

i would expect some buying to begin next week as tax loss selling will be over and people will want to get positioned for "january effect"

hope i can make it till then

some day this will all just be a "bad memory"

and this too shall pass!