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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: tradermike_1999 who wrote (2337)	3/11/2001 6:19:48 PM
From: westpacific	Read Replies (2) \| Respond to of 74559

Tradermike - there is still so much air in many of these stocks, anyone that sees much on any rally is dreaming. Spending the whole weekend redeploying many tracking lists - and let me tell you there are so many beautiful shorts. Within tech, within the NYSE, within the DOW - take a look at some PEs in healthcare, insurance, retail, banking, schools, biotech............ The ballon is still half full - and that 500 target would put us back to 1990 levels on the NAS. Now if this truly does turn into a global recession and what with the debt levels it could become reality. The bigger reality is the DOW - everyone thinks they are safe there right now, this will be the next big crash to come in the next few months. Take a look at PEs over there. You think technology is expensive. Once again - this is the best thread on SI. West

To: tradermike_1999 who wrote (2337)	3/12/2001 7:44:27 AM
From: Gofer	Read Replies (1) \| Respond to of 74559

A friend of mine who was formerly a gold analyst and stockbroker had a long phone conversation this weekend. His cousin, a high-tech momentum investor, called him excitedly for information about how to "play" gold and energy. Several newspaper and web articles that I read on the weekend also tipped gold stocks and cash as the places to be. After 3 weeks of upward movement, I think gold stocks will continue their momentum. These momentum addicts haven't had a fix for quite a while now, and gold is the kind of aerie-faerie commodity they can get high on. The TSE Gold & Precious metals index: quote.canada-stockwatch.com On the downside, I also think the top will be pointy and the demand for jewelry is likely to decline, so buyers beware.