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.

Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: sandeep who wrote (39067)	12/22/2000 2:34:08 PM
From: Lee Lichterman III	Read Replies (2) \| Respond to of 42787

I show more downside on INTC as well. JDSU has also been in a death spiral since we first talked about it a looong time ago and agreed it was dead shortly after the SDLI buy out. Don't get married to a market view. I note you have been bullish this whole time. A trader needs to keep an open mind and not marry any one side. Also, TA is a good thing. You don't even want to know where I think QCOM will be a year from now. <g> Good Luck, Lee

To: sandeep who wrote (39067)	12/22/2000 2:37:44 PM
From: adcpres	Read Replies (1) \| Respond to of 42787

First step in healing from the loss of a loved one is to realize your in denial. This is a casino not an investment market. Sorry. GH

To: sandeep who wrote (39067)	12/22/2000 3:00:01 PM
From: StockOperator	Read Replies (2) \| Respond to of 42787

sandeep, My whole perception of the market is grounded in the technical makeup of the charts. I couldn't make a strong fundamental case one way or the other for 90% of the stocks that I follow. That's not my strong suit. I have spent many years, however, pouring over timeframe and trends with regards to price and I do feel comfortable sticking my neck out when the proof is so overwhelming. Just take a weekly look at at a basket of stocks on the naz composite and you will see prices that are rolling over. All at the worst possible time. The only thing that I believe might save us here is a preemptive move by the FED and a all encompassing statement saying they will do whatever it takes to ensure a soft landing for our economy. Oh yes I forgot to say that I believe they need to make it THIS WEEKEND. Otherwise, the downdraft in prices will carry stocks to know man's land, where the bottoming process would have to start all over again from lower levels. Prices, according to the charts, are going to head lower without it. The close today will be very important. Watch how stocks like IBM finish off. Weekly reversals in a basket of stocks would make me more optimistic. One more hour to go. Good trading. SO