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 : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?


To: William who wrote (2847)10/23/2001 1:57:48 PM
From: Uncle Frank  Respond to of 5205
 
The November through January period is when tech stocks with cyclical tendencies peak almost every year, but external events (as in terrorism) could blunt it, even more than the presidential election fiasco did last year.

The overall economy will definitely suffer due to terrorism, and we'll probably confirm a recession. Things look grim for the airframe, travel, and resort industries. But some techs may prosper. If there is a strong trend away from malls and towards internet shopping for Christmas, the networkers, server manufacturers, and ecommerce companies will see large short term benefits. As well, distributed memory systems (network attached storage) may be in a favorable light for security reasons.

It's a mixed bag, but whatever I decide, I'm leaning towards holding off until csco reports on 11/6. A positive forward outlook from Chambers could easily move the nasdaq by 5 to 10%.

jmho,
duf



To: William who wrote (2847)10/28/2001 10:56:15 AM
From: PoetTrader  Respond to of 5205
 
William...my major concern now is that the economic news is still very grim and that we'll probably go down and retest...maybe into low 1600's...but if that's what I think will happen then it will probably shoot up to the moon. Good luck, PoetTrader