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 : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: DlphcOracl who wrote (54733)	8/30/2001 1:04:24 PM
From: Trumptown	Read Replies (1) \| Respond to of 57584

Seeing a few 'pivots' (reversals) on things like JDSU, EMC, ERICY and MCLD...we'll see if it spreads...intraday low likely in,, One more downward push into the 2:15 - 2:30 range SR(turning purple!:)

To: DlphcOracl who wrote (54733)	8/30/2001 3:10:19 PM
From: Far Side	Read Replies (1) \| Respond to of 57584

"This is a very nasty bear market. We may get an oversold bounce in the next days but the real test will come in September," said Joe Liro, equity strategist at Stone & McCarthy Research Associates, referring to the third-quarter pre-announcement season that will begin in September. "The warnings will still be ugly but the bright spot is that there will be less of them compared with the second quarter," he noted. Liro said he doesn't see a reason to get involved in the market until the actual third-quarter results are posted in October. The strategist acknowledged the market is less worrisome than in April, however (when the Nasdaq reached its low of the year) because of the light volume, which is accentuating prices swings.