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 : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: craig crawford who wrote (113266)	12/21/2000 10:55:36 PM
From: Victor Lazlo	Respond to of 164684

you keep talking about short covering. But there just aren't enough shorts to cause the type of rally you are expecting. Most shorts are in and out- they take their profits and cover quickly. They don't go short and sit there for two months waiting to get caught up in a mkt rally. And most shorts do more homework and research than longs will ever do. A .25 cut by the fed will be good for an 80-pt nasdaq pop and then dreadful mkt boredom, imo. By the time a cut comes, it will be priced in already. And mo-mo traders have gone back to 9to5 jobs. nasdaq will be aimlessly adrift, becalmed, for the next 3-4 mos, imo. Victor