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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: velociraptor_ who wrote (33329)8/22/2001 12:34:22 AM
From: mishedlo  Respond to of 37746
 
Yep - BUT.....
L is Most likely next year IMHO
In the meantime if AS can manage to hold on, the rally he is calling for will likely occur in about NOV - FEB

Then recession hits next year and we break new lows.

Put Call ratios will be the key.
Call buying today suggests the bottom is not in
M



To: velociraptor_ who wrote (33329)8/22/2001 1:21:55 AM
From: American Spirit  Read Replies (1) | Respond to of 37746
 
So you say no recovery at all. We just keep going down and down until the whole system collapses. Global depression with 0% interest rates and no takers? What's next? The Road Warrior? Obviously you're short so you want to sound scary but diversify with energy, cash, real estate and longer term tech bottom buys and I think you'll be fine.

One thing you may have forgotten, massive amounts of money on the sidelines, ploughed into real estate, shorts who will be very nervous staying short once Wall Street returns from vacation and traders no longer control the game. And several major companies which have given positive guidance for the 4th quarter already. Just a trickle I know but a few more and that could set something off. Also the market caps are getting ridiculously low for many major companies.
Finally remember from this very low point even a very modest recovery will send tech stocks ratcheting up 30-40% from here which is still far below where many of them were only a few months ago. For now though we're in a trading range and this looks like the bottom of it to me.



To: velociraptor_ who wrote (33329)8/22/2001 1:48:05 AM
From: Merlo  Read Replies (1) | Respond to of 37746
 
Anyone have a take on AHMH fell 13% today but shows good value, growth and earnings. Maybe a good entry at these levels.



To: velociraptor_ who wrote (33329)8/22/2001 7:20:28 AM
From: Softechie  Respond to of 37746
 
US bubble burst is much different than Japan. Not because of mainly cultural but type of investment. Japan was mostly in real estates and that's long term investment and they overbuilt it. US got the same overbuilt/overproduced problems but with technologies and these are short term investments. Soon these technologies will be outdated like within 1-2 years and they will want to upgrade again. Watch for techs to lead the economy next year.