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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (76875)3/7/2001 7:29:11 PM
From: Michael Watkins  Read Replies (1) | Respond to of 436258
 
Heinz LOL you aren't passionate about this at all are you? :)

I'm mentally in the same space as you...
ottographs.com

Seems likely to me. If nothing else, the SPX is far from "saved". Watching banks and the NYA in general quite closely here.

What I mean by diabolical is a quick coup de grace for some short term shorts (lots of positioning has been going on the last couple of days). The long "break out players" will jump on board, but can it propel higher out of the range? Probably not based on the action the last two days.

So if thrust up doesn't appear, then a big clunk down.

But my job is to make and protect profits, so I won't stand in the way if the clowns want to run things up for awhile.



To: pater tenebrarum who wrote (76875)3/7/2001 8:33:01 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 436258
 
Heinz, commercial have record short spoo's positions they sell stocks and need to unwind, that by itself is stabilizing the market.

Just wonder for how long it will last. Speaking of YHOO check out FD the great retailer who earns no money but doubled since summer as are many other retail stocks. The game is one but the players are in other stocks. Check out also home builders like NVR.

BWDIK
Haim