Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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To: JRI who wrote (9118)	8/6/2001 2:09:46 PM
From: marginmike	Read Replies (1) \| Respond to of 209892

hey i am in your camp.

To: JRI who wrote (9118)	8/6/2001 2:15:58 PM
From: NOW	Read Replies (1) \| Respond to of 209892

yep, need those shorts on board and so far i see Bears acting quite calm.

To: JRI who wrote (9118)	8/6/2001 4:03:57 PM
From: patron_anejo_por_favor	Read Replies (3) \| Respond to of 209892

<<I think J6P has left this market (witness malaise on SI, etc). I think newbie shorts got blown out in April, and some never return (and some who did couldn't manage trading this range successfully). And I think the houses are holding a ton of stock, haven't panicked yet, but have no one to sell too (so they hold....and wait....)>> I think you're spot on on this...my sense is J6P is largely out, some are slowly leaving by selling stocks and funds to finance consumption, and that could go on for a while. It could be a drip-drip-drip water torture kind of a bear market for some time if that's the case (barring some major purge caused by a derivative or currency related crunch in the meantime).