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 : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?

To: traderjamie who wrote (5840)	2/27/2001 8:34:23 PM
From: Michael Watkins	Read Replies (1) \| Respond to of 8925

On the knife edge... in my opinion... The world watching Nasdaq are all praying that Allan Greenspan will say something to cause a tech buyer some cheer. Will he? Won't he? Does he or doesn't he? Despite Friday's intraday, supposedly rumour driven, rally, the NDX has not managed to establish a new upswing on the daily chart and the COMPX has just barely set one and is already in danger of breaking the upswing. For all the talk about relative strength in non-tech names, the SPX is within 10 points (lower) of reestablishing the downswing. ottographs.com Based on these observations, we can conclude that the next trading session is much more likely than not to provide traders and investors with some reason for cheer or fear.