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: Softechie who wrote (13197)	3/26/2001 12:34:54 AM
From: Dave Gore	Respond to of 37746

Depends on your timeframe. Psychology is changing out there, so shorts need to be careful. You really think GLW will be below $25 in a year? Or ARBA below $10? or MSFT below $50? Not many out there do either, so confidence in going long is building. While it wouldn't surprise me if stocks went a little lower in the very short term, I would be very careful of the changing psychology out there. If the Market starts looking forward and ignoring bad news, and the Big Boys decide to stop pressuring the Market short, watch out. No one wants to be late to the party. Everyone knows the pressure cooker is building and if we get people buying, the shorts will cover too.