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 : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Dealer who wrote (38483)	7/2/2001 7:23:00 PM
From: Dealer	Respond to of 65232

I had to check the year on this guys post......I thought maybe it was '99..... :-) From: DlphcOracl Monday, Jul 2, 2001 7:05 PM Respond to of 29937 greenlaw4-7: You're one out of two. There will be a summer rally in both the tech and non-tech stocks this month, perhaps taking the NASDAQ to 2500-2600. This will then correct in the latter half of August, September and October (IMHO). It may be short-lived, but it will be a rally worth participating in. I DO agree that buying the energy and oil/oil-services stocks at these levels (or waiting until they stop falling) is a no-brainer. Many of these stocks will report excellent growth and profits. The energy crisis did not disappear overnight. Companies such as Calpine, EOG, Schlumberger, Anardarko, El Paso Gas, Dynergy, AES, etc. are selling for very reasonable multiples.

To: Dealer who wrote (38483)	7/2/2001 7:30:29 PM
From: Sully-	Read Replies (1) \| Respond to of 65232

Yes, Dealer, I see we have been hanging out in some of the same places & I agree with your assessment. Congrats on the good move too! As for tomorrow, I would think that we should see some profit taking & it's possible that they stack the futures (if they wish) to help assist with the direction they want things to go. Watch the futures in the AM. If they are way down, then yes, we might see a stampede. Right now I think it will come in waves, but nothing big & scary. BWDIK? Right now I agree with Zeev's scenario. A little more down thru Thurs/Fri......... a little up for 5 or so days............ perhaps to 2250 - 2300.......... then on towards a summer massacre............. (which IMO will be a test of the April lows......... perhaps a little higher or a little lower, but not by a whole lot) BTW, Max Pain for many of our favorites is lower than current share prices at cob today. JNPR is an exception ($35).