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 : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: eichler who wrote (76222)	4/30/2001 12:50:36 PM
From: American Spirit	Read Replies (1) \| Respond to of 99985

CNBC credibility? Whatever, it does move the markets. I was thinking about some GLW today and then I heard it mentioned on CNBC. It went from flat to up 1.50 within about 30 seconds. So I didn't buy. The same "sheep" mentality which worked against the market Nov-March could now work for it for awhile. Are the sheep wrong? Not necessarily. Fear of missing profits is a powerful motivator. It's still not too late to get in on this rally IMHO. And sell-offs like XOXO last week are muted. XOXO now back again to $4. Bottomline, it feels a lot safer to go back in the water. Buyers on dips are there.