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 : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: Doppler who wrote (1306)11/7/2001 11:11:19 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 23786
 
I think that a 30% rise is far more likely than a 30% drop.

2400pts vs. 1200pts?

I'd take that bet. If you were AW, we would be betting a gold panda<g>

Any timeframe to. I say we hit 2400 before 1200. Considering we are at the top of a cycle (IMO), I consider that a generous bet on my part.

If the trend is only a 10% rise, should we still be short?

I am not necessarily trying to convince you or anyone to be bullish. Even with the most liberal chart reading, the bigger trend is still down. At some point though, that rally is going to be something more than a bear market rally.



To: Doppler who wrote (1306)11/8/2001 12:11:06 AM
From: AugustWest  Read Replies (1) | Respond to of 23786
 
I don't know Doppler. Another 30% would take us up to about 2400. I half jokingly mentioned that number to someone this afternoon. While I agree it would be pretty stupid to run things up there on the same basis for the last 30% run, At times today, it sure felt like we were back in the bubble days. The buying at times was fast furious and relentless.

If there is one thing I think we can all agree upon here is that the market is always full of surprises. And what you think is unlikely has a strange way of sometimes shocking you by happening.