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 : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (1571)	3/1/2001 9:47:35 AM
From: donald sew	Read Replies (3) \| Respond to of 52237

Paul, With the NAZ down 45 points, I just got INTRADAY CLASS 1 BUY signals on the NAZ/NDX/SOX. As mentioned often, INTRADAY signals are not as reliable as closing signals. The NDX just hit 1865.

To: Paul Shread who wrote (1571)	3/1/2001 10:01:09 AM
From: Yogizuna	Respond to of 52237

a recession is in no one's best interest. While it is certainly not in my best interest either, I can assure you there are those out there who can and will benefit from a significant downturn in the economy, unfortunately for us.....

To: Paul Shread who wrote (1571)	3/1/2001 1:47:38 PM
From: StockOperator	Read Replies (1) \| Respond to of 52237

I agree whole heartedly with what you say. But then again who saw this coming. Every analyst on television has been telling us that things were ok. They're still saying it. But yet the market continues to tell us otherwise. Sure Greenspan could have lowered some time ago. But I honestly believe he didn't expect things to slow as rapidly as they have. Just a few short months ago we had a economy, stock market and employment rate that said the contrary. I believe what we are seeing today is nothing more than the pendulum swinging in the opposite direction. You just can't have 60+ percent of all money managers beating the S&P, or for that matter have every gym in the country playing CNBC. Things were crazy, and now were paying for it. I know things are more complicated than that. Like the overcapacity everywhere in the tech sector but it all goes together. Just my opinion.