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 : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Jdaasoc who wrote (8542)11/28/2001 12:02:10 AM
From: FR1  Read Replies (1) | Respond to of 99280
 
Greenspan signals...

Yeah, I agree. Provided we drift up between now and Dec FED meeting he will probably just do .25 at the meeting and say "I am here if you need me" (neutral).

If so we will have to look to the news and CCs for guidance.

I think we will now go back to a familiar pattern in a gradually uptrending market. If you look at a earnings month (calendar year) you will see a "super tuesday" for techs about the 2nd week into the month. There will be big sell off in the days preceding (and especially on) super tuesday for all the tech stocks that have had a excessive run up. By the end of the 3rd week of the month it is all over and people start loading up on the tech growth stocks that had a good report and positive CC. Then a gradual drift up for those stocks until the next earnings month and repeat.