Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: JRI who wrote (22965)	11/28/2001 4:37:37 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 209892

<<You could be right...scenarios around here say up tomorrow, or very, very soon....if not, then its a whole new ballgame>> OTOH, I've been listening to various "market strategists" get trotted out on BubbleVision and elsewhere for weeks, saying that the down we are/will get will be "corrective" and a "buying opportunity". No one, and I mean NO ONE has suggested that we go down to retest the lows here (usually citing the same tired fundamental issues, ie, "liquidity" and "money on the sidelines", etc). Therefore, it has a chance. If 550 BP of easing didn't solve the problem, I rather seriously doubt the next 200 will (though it will create a dandy dollar-to-Euro carry trade that should tank the ClownBuck in SOIZE!) Certainly the daily charts have been oversold, and today's pull back caused a lot of oscillators to roll over (though I admit, I don't generally use 'em). Perhaps 25 on the VIX was as low as it gets, time will tell....