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 : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: waverider who wrote (17816)	6/13/2001 4:23:10 PM
From: Nancy	Respond to of 30051

there are bull market outside bigcap tech. to give you an example : all the generic drug makers for example, are in super bull market. ivx teva taro adrx, beautiful charts. guided up earnings to boot.

To: waverider who wrote (17816)	6/13/2001 4:26:22 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

H, that worries me as well, but then I go and look at what they do with their money, and I see that today, despite the massive decline, they kept buying two calls for every put. I would say that the majority still see that as a "buy the dip" opportunity rather than a real decline. Yesterday for the first time in a long time, there was some put selling, but we have gone back to the "dark side", and the equity P/C ratio is under .5. Zeev

To: waverider who wrote (17816)	6/13/2001 5:27:50 PM
From: Sabrejet	Read Replies (1) \| Respond to of 30051

DH, since I have some here labeling me as a bear, not you specifically, I think you have a point but the market needs to see earnings improvement of some sort. I said it over a month ago in that just because we "have seen the worst" doesn't imply we are going to improve. But, Nancy may have said it best in that there are some sectors that are quite bullish and rightfully so. What's your take on CSCO? It's looking like 18 is the next stop and if it goes below that, it could lead the NAZ down quite a bit. Sabre!