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.

Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: hitsoft17 who wrote (5386)	6/21/2001 8:15:21 PM
From: Warpfactor	Read Replies (2) \| Respond to of 23153

hitsoft, What we are seeing appears to be a duplicate of last quarter. Everything got trashed in March as the pre-announcements rolled in. Ditto for June. Then when April came along and earnings started rolling in, optimism lifted the markets 20-30%. Looking at some of the market technicals (McLellan Oscillator, Arms Index, Daily Put-Call ratio, investor sentiment), a reversal seems imminent. As such I've started picking up selected tech issues in the past few days looking for a power bounce similar to Aprils. JDSU as I've mentioned. Also RIMM, SEBL and NUFO. I suspect NUFO may be good for a pop to the 8 or 9 range. BWDIK. Warp