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.
Strategies & Market Trends : Making Money is Main Objective -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (902)3/9/2001 7:57:37 PM
From: Paul Kern  Read Replies (1) | Respond to of 2155
 
Techie,

I'm looking for a down opening on Monday as some margin investors get their clocks cleaned and then another of those couple of day bear rallies. Of course, it all depends on who warns Monday morning and how bad the news is. I covered some shorts today, but didn't buy anything so I'm not putting my money where my mouth is.

Don't forget the FOMC meeting on the 20th. If the Fed disappoints with a .25 cut, Naz 1700 here we come.

Paul



To: Canuck Dave who wrote (902)3/10/2001 9:45:58 AM
From: Softechie  Respond to of 2155
 
Canuck it's for real that Nasdaq will go below 2000 next week. Techs outlook is very murky for the next 6-9 months so I don't see I'm buying techs soon. This market has to settle down before I will commit for the long haul. For now, I'm still riding my shorts on my favorites because I know they will be much cheaper this summer.

Regarding Warnaco. Yes it got whacked good but I think those are retail investors dumping. They're selling with market price. And yes I'm still holding and going long haul just like AVN. Warnaco is preparing itself for the recovery and I believe it will succeed. 3/27 is earnings reporting.

I don't see we're coming to recession in this economy. Recession for techs market but not for consumers market. They're still spending and that's a good thing. Tax cut will help consumers. Good luck.