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 : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: GREENLAW4-7 who wrote (11840)	3/15/2001 8:11:32 AM
From: Sharck	Respond to of 37746

One last word in regard to Japan, though I believe there will be much more said on this subject. The Japanese government stated they would start a fund to protect individual investors against further losses from their exposure to the stock mkt. Though it ended up 300 pts up, it was 300 pts down at a day low, good for a 600 point swing! Not surprisingly, all is NOT rosy there and the YEN continued it's slide hitting a two year low as we speak. Again, the news was enough to lift global mkts and as I mentioned in an earlier post, set us up for a bear mkt relief rally. The direction is still in shorters hands. Question is how much they decide to cover and this in itself could potentially lead to a multi-day rally that could extend till Friday. Most techs up now pre-mkt, not chasing here, will wait for a pull back....