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.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: isopatch who wrote (89755)4/5/2001 3:29:36 PM
From: ItsAllCyclical  Read Replies (2) | Respond to of 95453
 
Iso, what's your take on whether or not this will continue into tomorrow?

If we don't get any significant warnings tonight (about 30%-50% chance of that imho), then I could see a continuation tomorrow for at least 1/2 to 2/3 of the day, but I would be surprised to see a strong close on Friday given today's gains and earning's reports still ahead of us.

Also the DOW is only a couple hundred pts away from stiff resistance at 10300 and 10500.

On the flip side, there's no real technical resistance on the Nasdaq until 2000 or so.

As I said before I'm probably going to vote with safe and take the gain in my 401K funds, but maybe let TAM ride a few days while the OSX recovers.

Or as Briefing.com puts it...

Briefing.com is apt to believe that the rally has been driven more by technical considerations, and subsequently, its staying power beyond the short-term is questionable given the lack of fundamental catalysts...

-----------------------

Take the money and run. If it continues for a few days...short.



To: isopatch who wrote (89755)4/5/2001 3:37:33 PM
From: Archie Meeties  Read Replies (1) | Respond to of 95453
 
From the list I posted a few days ago, only MDR was hit. I raised my limit on MVK, but too late, and didn't want to chase. Willing to wait and see if the OSX double bottom magic will work one more time. Collected a few more calls (and I wasn't alone).