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 : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: dennis michael patterson who wrote (9932)	6/22/2001 12:02:38 PM
From: Paul Shread	Read Replies (2) \| Respond to of 52237

OCPI, the one I mentioned, has popped 15% today. My own personal JDSU. ;-)

To: dennis michael patterson who wrote (9932)	6/22/2001 12:09:27 PM
From: Jan Crawley	Read Replies (2) \| Respond to of 52237

Dennis, I had 700 amat short and 600 amat long. Covered 500 amat short shares this morning around $47, missed the re-short earlier above 49.5+. Just reshorted 500 shares at 48.95. So back to this morning's position again. I am free all this afternoon, so I will try to trade again.

To: dennis michael patterson who wrote (9932)	6/22/2001 1:23:35 PM
From: TechTrader42	Read Replies (3) \| Respond to of 52237

Oh well. One can take satisfaction in a good pick, though. Now as for the market, my top-secret proprietary Complacency Index for the Dow is at 85.9 right now, intraday, based on daily charts. With the Naz, it's at 94.3. The scale runs from 1 to 100, and a high degree of complacency often indicates a downturn ahead. The indicator is based on market volatility. High volatility means panic selling, low volatility means complacency. I guess the market has been relatively complacent cuz its sugar daddy is expected to lavish more rate cuts on it. I wonder whether the market will move up as expected. I rilly have no idea whether it will. All I'm saying is that there's a lot of complacency, while earnings warnings continue to pour in and the outlook remains dismal. Featured stocks on Mr. Haney's truck today: MU, AMAT, QLGC, etc.