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


To: I. N. Vester who wrote (30442)2/15/2002 3:46:02 PM
From: Joseph Beltran  Read Replies (1) | Respond to of 99280
 
I think the market is seeing a Qwest bankruptcy and a J.P. Morgan "Long Term Capital" type problem surfacing. Personally, I don't think JPM can survive a Qwest bankruptcy.



To: I. N. Vester who wrote (30442)2/15/2002 3:47:29 PM
From: ItsAllCyclical  Respond to of 99280
 
>> Does today's heavy selling portend a bounce Tues <<

Vix still at 23.8. I'd wait till at least 28 before I'd consider trading on the long side again. Tues might have a small bounce, but it'll be sold into imho. Otherwise you can target the NDX (wait until 1350 at least, currently 1438)

Naz 100 is stair stepping down again in a beautiful way (if you're short).