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: Uncle Frank who wrote (77268)	5/21/2001 11:58:00 AM
From: t2	Read Replies (1) \| Respond to of 99985

Hi Uncle Frank, Believe or not, the market seems to be more predictable to me lately. Hope I did not jinx myself.<g> To me a big factor in the Naz's move is going to be if MSFT cracks 70 near term. (of course I think QCOM going over 70 is a sure thing<g>). Qcom should go to 75 quite easily. The May short interest on the Nasdaq should be out Thursday after the close. That is going to provide a lot of interesting data. At least the start of week looks good. I am going to evaluate the situation tomorrow or Wednesday. Also seems the market wants to make a broad based move; tech should do relatively much better if the shorting is heavily concentrated in this area (which i believe it is). The hope the gains today are sustainable into the close....that will send a message on how strong this market is.