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.
Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?


To: Montana Wildhack who wrote (6783)2/21/2001 8:35:59 PM
From: Montana Wildhack  Read Replies (3) | Respond to of 14101
 
We broke the 50 and 100 day in what may be
the start of some real panic on the markets.

If you have any exposures - I would get rid of
them. I see some ugly days ahead generally where
the true fear of a bear market hits.

After that the markets may find a bottom; but, this
is probably not it.

All the bad economic news is not out yet. The .06
inflation number today signals rising inflation at
the very time the markets are counting on another
rate cut.

Japan is deeply mired in its inability to deal with
reality and its banks are brinking of massive failures.

The US I believe has months to go before it turns.

I'm an optimist as most people know. I'm sure the markets
are in for more pain. Don't forget this is RSP season
in the last week and usually a time when lots of money
flows in.

I advise reviewing and covering exposures you can't afford
to ride out.

Wolf