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 : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (65270)	12/26/2000 7:47:40 PM
From: Stephen	Respond to of 99985

Haim, I fully appreciate the technical implications ... but I honestly believe these are only useful as long as the status quo in fundamentals remains intact. Revenues & growth are going to look pretty bad for most of techs first qtr ... and guidance for 2nd qtr will likely be worse. Additionally, liquidity remains a big issue. I think the smart money is still short ... though personally I'm all cash at the end of most days ... The pattern I'm looking for is morning futures down, strong eod finish, with my daily internals looking good. Simple ... but it will do for me as a short-term indicator .. !!. I still see selling into strength .. and maybe it is just tax loss selling ... but I remain unconvinced as yet .... Regards Stephen