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 : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?


To: Mark Konrad who wrote (2196)12/5/2001 11:58:24 AM
From: DebtBomb  Read Replies (2) | Respond to of 13660
 
Well Mark, 10k and 2k better hold today, or people will be very disappointed. And, we haven't had any real bad news for a while, I think it's just lurking out there. IMO, since the talking heads have been calling a bottom for a year and half and screaming buy the whole way down, only to have us keep going to new lows, I think some people will keep their cash and not return to the market until there is clear evidence of economic strength and growth. Also, many will not buy stocks until this terrorist chaos picture is more clear, IMO.
I believe trimtabs has it pegged, pension funds and hedge funds have loaded up, hoping that retailers will follow.
The Nasdaq does have record short interest though, can they be wrong?? They could be.
I read an article not long ago that talked about how that sidelined money is disappearing, it's going to consumer goods, debts, and some just being saved for rainy days, in case people lose their jobs.
CSCO doesn't even have a P/E anymore, does it??
Thanks Mark, interesting times we're in now.



To: Mark Konrad who wrote (2196)12/5/2001 11:59:51 AM
From: Mark Konrad  Read Replies (1) | Respond to of 13660
 
WFII, RBAK...2nd and 3rd tiers participating now as previously posted. DITC languishing at 5 but I believe it will follow to the upside if the market continues to broaden. ADIC very strong, JNIC remains my conservative favorite for every reason I can think of...still holding 75% of shares accumulated from 5 through 8.50. If we close above Dow 10K and Naz 2K, the news will be HUGE tonight and tomorrow. And THAT may be time for a rest again. All imo, of course--MK--