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 : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: moufassa7 who wrote (50673)	4/18/2001 11:43:15 AM
From: Rick Buskey	Respond to of 57584

Makes you think so------------CSCO bad news and market doesn't tank. Looking for re-entry on a weak day--------IBM and BRCM earn. after close

To: moufassa7 who wrote (50673)	4/18/2001 11:45:43 AM
From: Tradelite	Respond to of 57584

For what it's worth, the so-called value-oriented money managers were predicting this rally a few days ago and are now on radio advising all to "take advantage of it by selling any crazy high-PE stuff you own."

To: moufassa7 who wrote (50673)	4/18/2001 12:04:04 PM
From: Bucky Katt	Read Replies (4) \| Respond to of 57584

I could see it building in the NDX, SOX and DOW yesterday, because I was short early yesterday, was getting nervous holding short, and then reversed and went long when I saw the steady, if very slow buying building, so somebody must have had a good idea, like some of the big money center banks that are heavy players in the index futures. Mny of these banks have some very bad loans on the books, so maybe the FED threw them 2 bones, a cheaper wholesale dollar price and some futures gains to offset the loans they will be forced to change from non-performing to total loss? This FED cut begs the question, what do they know that we don't? I am skeptical, but happy.