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 : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (45797)	1/18/2001 3:38:31 PM
From: ALTERN8	Read Replies (1) \| Respond to of 57584

How does this help your case? Cliggott recognized that the rate cut would change things and you're still calling for doomsday!

To: Softechie who wrote (45797)	1/18/2001 5:39:42 PM
From: Trumptown	Read Replies (1) \| Respond to of 57584

Not sure what will help your case... Yet another contrary indicator 'bottom' call by softie! You correctly signaled the bottom in YHOO the other day at $25 in afterhours...now over $34!! I woulda bought some then (as I said then), but was having too much fun with the CLEC dogs! I think we're going higher! SR

To: Softechie who wrote (45797)	1/18/2001 8:12:57 PM
From: DlphcOracl	Read Replies (2) \| Respond to of 57584

Softie: I happen to think Cliggott is correct. The Nasdaq will probably cross 3000 sometime between now and mid-March and, when it does, I will exit all of my tech stocks positions and sit it out with major cash on the sidelines. Several of the non-permabear analysts are expecting a retest of the NASDAQ bottom or worse (2100-2300 level) sometime this summer as earnings reports worsen and economy continues to slow down, reflecting the last two of Greenspan's interest rate hikes. I may be wrong, but.... I think the retest of the NASDAQ low this summer (if it does occur) will be "the mother of all buying opportunities". By this time, the economy will have truly bottomed and the interest rate cuts and increased liquidity will begin to take effect. At that time, I intend to load up on the QQQ's and tech stocks, going 100% tech in my portfolio. I think Q4 2001 and Q1 2002 will see significant appreciation from the summer/fall NASDAQ lows later this year. Any comments, positive or negative, with regard to the above are welcomed. I know it is difficult (and perhaps foolish) to try and predict the year in advance, but this is the way I see it and it is the way I am planning for it.