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

To: DlphcOracl who wrote (15457)	12/21/2001 2:51:17 PM
From: Bruce A. Brotnov	Read Replies (1) \| Respond to of 99280

We held 1934 last week and got a bounce on stimulus package and when that didn't happen we came back to test 1934 and I suspect we may have just held it again but for the sudden announcement of Windows XP needing a quick fix yesterday and it dropped us through the 1934 and we couldn't fully recover yesterday, but are back above the 1930 area again today. If we can hold this support on Monday we have a good chance of getting back over 2000 by year end, but I don't see 2100 possible until we have our usual selloff for a week early in January. If we get any kind of good news on Ben Laden or the economy, then we might have a chance for 2100 by end of January or into February. IMHO. Bruce

To: DlphcOracl who wrote (15457)	12/21/2001 3:26:13 PM
From: mishedlo	Respond to of 99280

DLPH - Yes - entirely possible and I believe I stated this a couple time today. Possible and likely are two differnt stories, as today is also suspicious. We dropped right to, or below max pain on many stocks yesterday. Rally today was to be expected, at least in some stocks. The question is: Are they distributing this "rally" or holding longer. I really have no way of knowing. Today is not thet easy to read. I can small the exhuberance however. I still lean towards Zeev's scenario #2 as it sure looks like the bulls are going to "save" December. Money coming into market in Jan could keep it going. If that happens we will be at totally insane heights then. We will see.