SI
SI
discoversearch

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.
Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (21503)8/30/2001 9:13:59 PM
From: Timetobuy  Read Replies (1) | Respond to of 24042
 
500 points on nasdaq in one day? ROFLMAO! That's more than the dow went down in 1987 in one day percentage wise. That would take us to under the 1998 lows and I bet there would be big buy programs come right in at the low nasdaq hit in 1998 preventing a 500 point day on nasdaq again.

What would happen to the dow if that happened? If nasdaq went down that much, it would be msft that led the way, since it's the biggest cap in the index and the dow wouldn't survive either. Probably take the dow back to 7400 again.



To: Jacob Snyder who wrote (21503)8/30/2001 9:29:13 PM
From: uthabros  Respond to of 24042
 
Sept. is going to see a big selloff. When the selling starts and everyone starts heading for the door, it will be hard to stop it. G.E. to $19. That should tell you where all the rest will be. Cash is king! JMHO! ;>)))!!!



To: Jacob Snyder who wrote (21503)8/30/2001 10:19:36 PM
From: RetiredNow  Read Replies (1) | Respond to of 24042
 
I have a feeling that this bear is going to be a slow bleed. The dramatics are over. I know everyone wants there to be this big capitulations that signals the end of the bad stuff, but I think it will continue to drift down to sideways for the next 9 months. I do think that money can be made by buying in October, selling in Jan-Feb, buying in April, then selling in July-Aug. Then maybe going long next October. Not sure. I'll have to play this one touch and go for the next 9 months.



To: Jacob Snyder who wrote (21503)8/31/2001 12:22:52 AM
From: robert b furman  Respond to of 24042
 
Hi Jake,

I enjoy reading your interpretations of the market.

Thank you for sharing what I believe to be sound observations.Of course I like what you're saying cause we agree.gggg

I too really want to be one of the few who has cash at the bottom - it would be a wonderful confirmation of an incredibly long period of holding back looking for timing cues.

I'm hoping we are blessed with a capitulation rather than a trough.Capitulations are scary and I recognize them buy my counting my losses and perspiration at my arm pits.gggg

Trough are just tough.

Bob