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 (18332)	4/25/2001 6:21:45 AM
From: GREENLAW4-7	Read Replies (1) \| Respond to of 37746

If we hold 2000, and bounce up, look at the BIO-TECHS to lead. My list MYGN, CRA, MLNM, HGSI, PDLI, AFFX, ABGX, and SEPR (which got a hair cut last 2 days from 48-26) I am betting that we resume up trend until earnings warning come back in about last week of May-3rd week of June. That could cause more pain. Risk could be on the short end for a little while. If we do hold 2000 it would be extremely positive and more folks would put fresh money back into the market. I do not see 2500-2600 as a target, I actually see 2800-3000 as a target, and if earnings are at the worst currently, we could get there in this Counter Trend rally. I do think we will retest the bottom but not until OCTOBER!! Cheers all!!