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 : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (33658)	8/20/2001 12:43:35 PM
From: Return to Sender	Respond to of 68410

I do the same thing. Unfortunately I have not followed VTSS that close to develop any gut feel for the stock. I do have it with the SOX these days and my gut tells me we are going lower. I don't think we go lots lower but until we get enough selling to make people start crying again this downward leg is not over. No matter what the FED does tomorrow Alan Greenspan is more likely to say something that will be interpreted negatively in my opinion. Once we get a little more blow off selling we could rise for a week or so due to the oversold condition. The market will be led higher by the semiconductors and VTSS should be as good a place to be as any. Right now I have cash ready if the SOX heads towards 530 then I'll be back in something. RtS