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 : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (71128)	3/3/2001 5:07:09 PM
From: Mike M	Respond to of 99985

This buy low stuff could catch on...

To: bobby beara who wrote (71128)	3/3/2001 8:48:32 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 99985

BB ............. I agree with you tech stocks will turn on a dime as soon as inventories will be depleted, which may be quite soon IMHO .......... anticipate within weeks. Europe is still a strong buyer of IT equipment as is most of Asia and the dollar will be weakning. Best strategy nibble on High Tech and sell covered calls BWDIK Haim

To: bobby beara who wrote (71128)	3/3/2001 8:55:02 PM
From: el paradisio	Read Replies (1) \| Respond to of 99985

I don't think Nasdaq is going below 2000 right now. It will stay in 1990 channel for at least two month. Networking sector is due for upswing, CSCO is very oversold and I can see a lot of support in 20- 22 area . stockcharts.com[w,a]dacayimy[df][pb50!b200!f][vc60][iUb14!Lf!Lc20!La12,26,9] If you look in the past, always after penetration of major support line...we had market rallies, like in 1987 or 1998. You may say...this time is different, but as long as we don't see visible recession on the streets...it's not a disaster. Look at AMAT swing last week from 39 to 49.... Don't think...I'm a perma bull, but I think Nasdaq may go up now...not down. Targets...2450-2600 Regards, el