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.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: fedhead who wrote (137133)1/17/2002 4:42:21 PM
From: Mark Fowler  Respond to of 164684
 
Good call on selling out at top prices. What made you think
it was time to get out ? Even if we have an oversold rally here I think the top is in.<<

Anindo, 1# i think the market is at the top of the range for now 2# the market looks overvalued since up over 40% from lows on Naz., i thought a good time to take profits and sell stocks i didn't want going into earnings, imo.

And Your right the market does look overvalued. However, their're some stocks i still like holding for growth long term and i mentioned those to you early on --roll- of - the dice!0 And i say that because the economy's condition.

For swing trading, not day trading, i would wait a few weeks yet for a re-entry. With some patients, i think you'll see ndx 1300- 1400 and maybe near Dow 9000 for a re-entry point. I'm off to the city for a couple of weeks, you take care.