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.

Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (37451)	3/23/2001 4:50:18 AM
From: JDinBaltimore	Read Replies (3) \| Respond to of 50167

Morning Ike, As I posted to peace, you not being a bear wouldn't appreciate the fact that what happend yesterday is what "Profit Taking" in a Bear Market looks like. We picked up over 1400 points out of the INDU over the last 2 weeks! Everything works backwards in our world, and to the average investor this of course looks like the Bears lost yesterday, but how are we to take profits, unless we BUY!? Very Nice Leg down, we shall rest, enjoy our honey for a couple days, then come back with our stomachs GROWLING! As always Love from Baltimore, MD USA

To: IQBAL LATIF who wrote (37451)	3/23/2001 6:34:45 AM
From: Jerry Olson	Read Replies (1) \| Respond to of 50167

Morning Ike.. we trade the markets intraday...we do go into the day via "neutral" mode..but we change mid stream all the time IKe..NO we are not holding anything OVERNIGHT... we went long late in the day all those stocks i mentioned as "Daytrades" only...and closed all positions before 4.00.pm est...thats what we do...we are not investing just yet...we are daytrading, scalping and loving this volitility..i follow the futures markets, the NQ's and S&P's for guidence as to where the markets moving during the day..and that determines our long or short thinking... it turned up beautifully thru our resistance areas and we went heavily long... as for the Book to Bill?..i can tell you this much..obviously it's already priced in to this market... however...there are no orders out there...it's dead in Asia and elsewhere..but this could be the bottom??? i don;t know that yet.. my thinking is this..if we so much as move sideways for the next BtoB..then a hugh rally will ensue...and if we uptick??? the bears will be chased heavily in to the woods by the bulls...<g>.. the SOX was and is and always will be for me the KEY to the markets...so let's see Ike where we bounce to... first things first...