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: bobby beara who wrote (78178)	6/7/2001 3:44:35 PM
From: Lone Star	Read Replies (1) \| Respond to of 99985

By the way, do you know what the definition of a fierce competitor is? . . . . . . . . . Answer: A guy who comes in first AND third in a circle jerk.

To: bobby beara who wrote (78178)	6/7/2001 4:42:25 PM
From: John Madarasz	Read Replies (3) \| Respond to of 99985

O/T Are you guys with the Hatfields... or the McCoys?<gg> From my unbiased position, I see things being about equal, and like my old pal W.C, I'mm glad I'm in Philly<gg> another donut anyone?

To: bobby beara who wrote (78178)	6/7/2001 5:12:29 PM
From: t2	Read Replies (1) \| Respond to of 99985

We have lift off !! Too many had a very bearish outlook on this Nasdaq market on technicals and fundamentals lately. Patterns cannot repeat if the environment changes, imho. Short interest; mutual fund holdings and potential buying patterns etc....(again, imho) I am expecting following through on this Nasdaq rally tomorrow (especially with the INTC news)and into next week. Even the negative banking sector news did not hurt techs during the day...that would not have been unimaginable earlier this year...remember the Bank of America halt at the open in Feb/March timeframe. It sank the techs. More evidence that something is different at this time. To me it is just a matter of shaking out the non-daytrading shorts in this market. ie..the longer term short holders. Once that happens and mutual funds increase to market weighting in techs, we could move lower but from a higher base. I believe it will take a few weeks to accomplish this. That is my vision of the near term. Of course I could be wrong.