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 : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (47934)	2/23/2002 1:00:39 AM
From: RR	Read Replies (1) \| Respond to of 65232

Hi Scott: A few comments re your question, "Do you think this was the final "cleansing" before a recovery?" follow: 1.) Final cleansing? No. I'm watching the 1635-40 area. Would not surprise me to see Naz go down another 5%. 2.) Recovery underway. Market thinks ahead, supposedly, 6 months, as you know. 3.) Naz to Sept low of 1400 the way some gurus are now stating? No. Think what it took to get 1400. Now read number 2 again. 4) Variable.... the Dow. Hanging tough at 10k with the Naz doing it's thing. Hum... wonder why? Will it pull back to 9750-9800? What will that do to the Naz? Timing? 5) Like I said last year, we will zig zag, up/down, range bound, so play the swings. Just take those small profits over and over and over again until stinking rich. The gurus scratch and bang their heads while the monkeys climb the trees. RR