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.
Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?


To: country boy who wrote (3570)10/3/2001 12:59:06 PM
From: E. Graphs  Read Replies (2) | Respond to of 4564
 
Country Boy,

I am encouraged by today's rally. I think we are in for a strong bounce. Our leaders are begging us to make the market whole again. How can we refuse them?

The Dow [still looks like crap to me, but] has major resistance at 10,000.

siliconinvestor.com

Nasdaq has resistance at 2000, but since we are rallying based on sentiment and hope, the Nasdaq can go as high as our leaders want us to take it.

siliconinvestor.com

Nasdaq looks better than the Dow, imo. Dow components have to have silly things like earnings to back them up, but, if the rate cut makes it to the mortgage market then there will be lots of new borrowed money available to pay bills and/or gamble on Nasdaq with. Of course, this debt game is getting old and should come back to haunt us in the future, but for now.....

Let's make some money!

E