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.

Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: CIMA who wrote (75154)	12/20/2000 7:32:38 PM
From: y2kfree_radical	Read Replies (1) \| Respond to of 150070

2300 will b knifed through at open but maybe we can bounce off 2250 and end above 2300

To: CIMA who wrote (75154)	12/20/2000 7:41:19 PM
From: Tom Allinder	Respond to of 150070

The fact is there has not been panic selling yet... the beginning phases were there today. However, the blow out/flush out has not happened yet. Market action over the last 6-7 weeks has been more of a slow bleed than anything else. The VIX (a measure of panic in the market- layman's terms) did move up above 35 today (I think the high was around 36) but did not reach the 40 mark which is an indicator of panic selling. Also NAZ volume was heavy (2.7M) but not the 3+B we are looking for on bottom day. 1850... intra-day... hell anything is possible in this market. I think Greenspan would have to cut interest rates at least .50 to have an effect... Tom