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To: AllansAlias who wrote (29422)1/28/2002 3:22:28 PM
From: The Freep  Respond to of 209892
 
SOXX seems to me to be outperforming off the bottom today. Those semis are MONSTERS, I tell ya.

In the next two days, we've got Bush speaking for his first State of the Union, we've got the FOMC, and we've got the GDP announcement. Conspiracy theorists would think that the PPT, if it exists, would be keeping the market from declining before the Bush speech. <g>

the freep



To: AllansAlias who wrote (29422)1/28/2002 3:22:54 PM
From: marginmike  Respond to of 209892
 
I agree



To: AllansAlias who wrote (29422)1/28/2002 3:27:06 PM
From: JRI  Respond to of 209892
 
Chasing the golden goose of opportunity (g, ng). Should have official announcement here soon...pretty amazing flurry of activity in last 2 weeks, and it'll be a tough choice...hopefully that I'LL get to make ng

I sure would love a brother leg to go with last week's bounce (in order to get positioned)..which likely means I won't get it..



To: AllansAlias who wrote (29422)1/28/2002 3:30:49 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
I feel your feelings but something is keeping me from long here, most likely just the crap volume.

NDX has retraced exactly 50% of the initial swoon today.



To: AllansAlias who wrote (29422)1/28/2002 4:26:38 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
Well, short-term I think it can go either way but the down in tech looks corrective and infers more up shortly. I am not convinced we don't get a quick flush to finish off the correction, feels like we need it.