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 : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: leum who wrote (6131)1/17/2001 2:14:28 PM
From: CharlieChina  Read Replies (1) | Respond to of 19219
 
add my name to that quote ... however, i'll add the word BIG .... sucker rally ..



To: leum who wrote (6131)1/17/2001 2:53:09 PM
From: macavity  Read Replies (1) | Respond to of 19219
 
I think a rally makes sense, but I am not sure about one just now.

When the market gaps up because of INTCs earnings and announcements, and INTC closes down then I think that there is a disconnect somewhere.

I have timed this rally absolutely appalingly. The next time I think that there is going to be a good move I am going to use options. I will give a live offering to my God for making me buy my tech shorts yesterday when the SOX was down 6%.

I have no clue at the moment, there is a big disconnect in my own head. If we keep on rallying into FOMC then I guess someone is going to be disappointed.

No-one said it had to make sense.

- macavity



To: leum who wrote (6131)1/17/2001 8:29:19 PM
From: lifeisgood  Respond to of 19219
 
I just heard a Dan Niles quoted on CNBC that this is nothing more than a "sucker rally."

I believe what he meant was "I'm a sucker for missing this rally." also "and by the way, I'm a complete ding-dong for downgrading semiconductor stocks at their bottom and upgrading them at their top" and "I'd feel like a complete idiot if it weren't for all the money I get paid for giving such bad advice"

best...

LIG